23 Apr 2010

Fiji completes talks with IMF about reform plans

1:33 pm on 23 April 2010

The interim government in Fiji has completed talks with representatives from the International Monetary Fund in a bid to gain financial support for its economic reforms.

An IMF team was invited to Suva for two weeks and met the interim Prime Minister and Minister of Finance, Commodore Frank Bainimarama, as well as donor agencies and private businesspeople.

The IMF team's leader, Jonathan Dunn, says it welcomes Fiji's intention to approach donors for support with planned reform of public enterprises and the public service.

He commended Fiji for counteracting the challenges of the global financial crisis and destruction after flooding in January 2009 by devaluing the currency and coordinating fiscal and monetary policy.

Mr Dunn says the IMF will keep talking with Fiji about reforms to support its medium-term economic growth, while protecting those who are vulnerable.