Fiji Government says it is moving to cushion the impact of rising fuel prices, acknowledging the pressure the increase will place on households and businesses across the country.
“The Fijian Government acknowledges the increase in fuel prices effective from today and recognises the added financial pressure this will place on families, workers, and businesses across the country,” a government statement said.
Officials say the rise will have a direct impact on the cost of living and doing business.
“We understand that higher fuel prices affect the cost of living and the cost of doing business, from transportation to food and everyday goods. Government stands with the people of Fiji during this time and acknowledges the genuine hardship many will face.”
The price adjustment was set by the Fiji Commerce and Consumer Commission, which operates independently of government.
“The fuel price adjustment was determined by the Fijian Competition and Consumer Commission (FCCC), which operates as an independent price regulator. This means that the decision on fuel pricing is made outside of Government, based on global fuel market conditions and pricing formulas. We all agree with the global fuel crisis we will expect shocks.”
While distancing itself from the pricing decision, government says it is working on relief measures.
“While Government does not set fuel prices, we are actively working on measures to help cushion the impact of this increase.”
The planned response will focus on key areas of concern.
“These include targeted financial and policy responses aimed at:
• Supporting low-income households
• Assisting businesses facing rising operational costs
• Maintaining stability in key sectors of the economy”
Details of the support package are expected soon.
“Further details on these mitigation measures will be announced soon.”
Government is also urging the public to manage fuel use carefully as global pressures continue.
“Government also encourages all Fijians to continue exercising responsible fuel use and to support efforts that improve efficiency and reduce unnecessary consumption where possible.”
“We remain committed to protecting the welfare of our people and ensuring that, even in the face of global challenges, Fiji remains resilient and supported,” the statement said.
