The credit rating agency Standard and Poors says it has revised Fiji's rating outlook from stable to positive in view of Fiji's upcoming elections.
The agency also says it has affirmed foreign and local currency issuer credit ratings at BB.
A credit analyst, Craig Michaels, says if successful, Fiji's return to democracy and continued economic reforms should support sound growth.
"Potentially, a transition to democratic rule will bring in a lot of official lending and donor aid from the international community. It may also attract a lot of foreign investment into the local economy and that should be supportive for economic growth through infrastructure spending and private investment."
But Craig Michaels says a smooth transition is not assured and there are a number of possible scenarios that could dampen Fiji's economic growth prospects, including political instability.