Fiji's interim government is expecting a visit from representatives of the International Monetary Fund and World Bank this week.
The officials expected in the country by Friday will meet with Fiji's interim Prime Minister Commodore Voreqe Bainimarama.
The representatives will discuss with the Fiji interim government proposals put forward in their last meeting in Istanbul, to see whether they will financially assist the government to carry out reforms proposed in the Peoples Charter.
Bainimarama earlier said the IMF and World Bank had sent their officials to carry out checks and balances on the state of Fiji's economy,
but now they have agreed to visit Fiji for further discussions regarding funding the regimes reform.
Bainimarama said on Monday he hopes it will be a fruitful visit.
However, skeptics believe the IMF will take its cue from neighboring countries Australia and New Zealand and that the latest developments of
expelling the diplomats from Fiji would work against Fiji's favor.
They also believe the Fiji expulsion from the Pacific Islands Forum was not a good idea.
Recently, Fiji Reserve Bank of Fiji Governor Sada Reddy announced the island nation may get a special boost of 160 million Fiji dollars (84.3
million U.S. dollars) to its foreign reserves from the International Monetary Fund (IMF). Reddy said the IMF had allocated a substantial amount of special drawing rights (SDRs) of the IMF currency to member countries as part of a special assistance program that Fiji could benefit from.
SDRs are an international type of monetary reserve currency which operates as a supplement to the existing reserves of member countries.
This IMF initiative started in 1969. It was created in response to concerns about the limitations of gold and dollars as the sole means of settling international accounts.
SDRs are designed to augment international liquidity by supplementing the standard reserve currencies of countries.
Reddy said Fiji would likely get a portion of those rights and that was what the regime envisaged.
Currently at 760 million Fiji dollars (400.5 million U.S. dollars), Fiji's foreign reserves stood at 440 million Fiji dollars (231.9 million
U.S. dollars) before the devaluation of the Fiji dollar.
Steady increases post-devaluation have taken liquidity in the banking system to 262 million Fiji dollars (138.1 million U.S. dollars) from a low of 15 million Fiji dollars (7.9 million U.S. dollars) in March.