The National Security Council met at the Cabinet Chambers in Suva yesterday to discuss growing concerns over rising global fuel prices and begin work on measures aimed at reducing the impact on Fijian households, businesses and essential services.
The meeting, chaired by Prime Minister Sitiveni Rabuka, reviewed international market trends showing continued increases in global oil prices amid ongoing instability in the Middle East and disruptions to shipping routes through the Strait of Hormuz.
Council members agreed that Fiji, as a fuel-importing nation reliant on petroleum purchased in US dollars, remains highly vulnerable to international price movements and should act before those pressures are felt locally.
Discussions focused on a proposed package of financial support measures targeted at households, transport operators, small businesses and essential services.
The package will build on the $56 million already reallocated in the 2025–2026 Budget under a Cabinet decision made in April.
The Ministry of Finance is currently finalising the proposed measures, which will be submitted to Cabinet in the coming days before being publicly announced.
The Council also confirmed that national fuel supplies remain stable and secure.
Meanwhile, the Fijian Competition and Consumer Commission is expected to release its next fuel price determination on Monday, based on international market data, freight costs and exchange rate movements.
Minister for Information Lynda Tabuya said the Government was taking early action to prepare support measures before higher global fuel costs begin affecting Fijians more severely.