Borrowing means any borrowing of money (including by way of bonds or treasury bills) or other receipt of credit, whether secured or unsecured, and includes any hire purchase agreement or finance lease arrangement, but does not include the purchase of goods or services on credit for a period of 90 days or less;

(Finance Management Act 2004 (s(2))

(1) The Minister may, on behalf of the State, borrow money -

(a) by raising loans of such amounts as may be necessary for the purpose of funding the budget deficit from time to time and any standing or other appropriations;

(b) by raising loans of such amounts and for such purposes as the House of Representatives may authorise by resolution; and

(c) by means of overdrafts or advances, but so that the total amount outstanding by way of overdrafts and advances under this paragraph does not at any one time exceed $20 million or such greater amount as the House of Representatives may determine by resolution,

on such terms and conditions as the Minister thinks fit and whether within or outside the Fiji Islands.

(2) Money may not be borrowed, on behalf of the State, by any means other than those referred to in subsection (1) except in accordance with Schedule 3 or another written law.

(3) The regulations may make provision for or with respect to any form of borrowing on behalf of the State.

(Financial Management Act 2004 s(59))