The revised guidelines also seek to deal with the various challenges; strengthen the corporate governance structure and financial position of the bureaus; enhance competition in the foreign exchange market and more importantly re-define the basic tenets of this market.
However, the project could not have effectively reached this stage without the support of our licensed commercial banks and credit institutions, so the “buy-in” we obtained from these industries to embrace the initiative, and be willing partners in a larger agenda of unlocking the potential of the SME sector in Fiji, is very much appreciated.