The cancellation of the Methodist Church conference by the interim regime is a fatal blow to the Church's operations and revenue, sources say.
The church has a membership of over 200,000 and is seen as the biggest religious body in Fiji.
During each annual conference, the church raises an average of $2.4 million through the soli and choir activities.
The money collected is primarily used for the operations and activities of the church.
The economy will also be affected by the cancelling of the conference.
During the conference, the services of taxis, buses and retail outlets are in high demand, especially for the choir competition which takes place before the start of the meet.
Coupfourpointfive has been told that Methodists all over the country are angry at the regime's decision and won't be forgetting it easily.
Sources are also worried that this decision has the potential to inflame racial and religious tension.
Since Frank Bainimarama's 2006 coup, a new religious group has formed, known as New Methodists.
The Police Commissioner Esala Teleni is one of the leaders of the New Methodist church and his brother Atu Vulaono is the leader of the church.
The New Methodist is a breakaway of the Methodist Church and sources say the indefinite cancellation of the conference is being seen as promoting the New Methodist sect.