Thus, the SMP is very much an innovative tool with an orthodox stability-oriented purpose. Standard and non-standard measures: complementary or independent of each other? How can we best characterise the relation between standard and non-standard measures? In terms of our decision-making we follow a separation principle. This means that there is no pre-determined sequence of standard and non-standard measures.
We decided to work on the notes first and this culminated last year when we issued the new currency banknotes including the One Hundred Dollar note. I am glad to say that the new paper currency has been widely accepted by the people of Fiji.