The International Monetary Fund has agreed that policies should be set so as to put Fiji on the path to sustainable and broad-based growth.

This is a result of a series of meetings between the IMF, the Prime Minister Commodore Voreqe Bainimarama, the private sector and public enterprise representatives earlier this month, to discuss Fiji's economic reform efforts over the medium term and possible IMF financial support under a Stand-By Arrangement.

In a statement the mission said they welcome the authorities intention to approach donors for support for key structural reforms of public enterprises and the civil service.

The mission collaborated with international financial institutions and they could play an important role in supporting reforms, including in helping to finance the program, stating they will continue to discuss policy measures required to ensure fiscal sustainability and specific structural reforms to underpin Fiji's medium-term growth while protecting the vulnerable.

The statement goes on to say that the mission greatly appreciated the authorities openness and the frank discussions of the economic challenges faced by Fiji.

The statement also stated that the IMF is looking forward to the possibility of making further progress toward these ends in the coming months that would ensure external stability and help catalyze donor support for Fiji's reform efforts.