Moody's Investors Service says that it is maintaining its negative outlook for Fiji's B1 rating as poor growth prospects continue to weigh on government finances.
Moody's says between 2006 and 2010 Fiji had the lowest rate of economic growth among its peers.
The report notes that Fiji's B1 foreign currency and local currency ratings were derived from an assessment of low economic resilience and low financial robustness.
It says a more favorable growth outcome may hinge on the restoration of an elected government that would bolster international sentiment and investment spending.
The military regime in Suva, which was formed after the 2006 coup, has said it will stay in power for another three years.