The International Monetary Fund has shown confidence in Fiji’s ability to meet most of its reform programs without the Stand By Arrangement Loan.
During a press briefing in the last hour, the IMF team led by Jonathan Dunn said the decision by Prime Minister Commodore Voreqe Bainimarama to defer discussions on the Stand By Arrangement Loan was known to them, and they have noted that the government is looking at ways to meet its reform targets.
Dunn said the IMF has applauded the initiative of the government to implement certain changes.
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