According to The Telegraph:
The former British colony in the South Pacific, which became a republic in 1987, said it expected the move to boost economic output.
Those to suffer most from the decision will be the islands’ largely impoverished workforce, who will enjoy only nine public holidays a year from 2013.
Last year Fiji dropped the Queen’s image from coins, replacing her with drawings of indigenous flora and fauna.
Although the Queen ceased to be head of state when a republic was declared, the islands’ traditional Great Council of Chiefs continued to honour her as paramount chief of Fiji.