Fiji says it is poised to receive substantial access to finance facilities and technical assistance from both the World Bank and the Asian Development Bank.
Delegations from both institutions met Fiji's Prime Minister Frank Bainimarama and the Finance Minister Aiyaz Sayed-Khaiyum today.
Mr Bainimarama says the banks are keen to assist in strengthening Fiji's institutions and to improve its ability to provide roads, jetties, drinking water and sanitation and improve access to markets.
He says the banks are satisfied with the management of the economy, the healthy levels of growth and the outlook for the future.
In its 2014 report, the ADB said business and consumer confidence continues to strengthen in Fiji but it needed to rebalance its economy away from consumer-driven growth which it says is not sustainable in the medium term.
There have been concerns that Australia has been secretly vetoing loans from the ADB and the World Bank since the 2006 military coup.
Frank Bainimarama meeting with the Asian Development Bank Vice President Stephen Groff Photo: Supplied
