The ANZ bank has welcomed the assistance of $190 million by the International Monetary Fund (IMF) to boost Fiji's foreign reserves as announced by the Reserve Bank of Fiji yesterday.
ANZ CEO Central Pacific Region and General Manager Fiji Robert Bell said foreign reserves have improved for several months now and this further injection will be a welcome boost to foreign reserves.
He said maintaining adequate foreign reserves should continue to be a key policy of the Reserve Bank.
According to Bell, Fiji will have to address its balance of payments in order to sustain and improve foreign reserves.
ANZ welcomes assistance from IMF
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