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Govt working on targeted support after fuel price increase

Govt working on targeted support after fuel price increase
The Government says it is actively working on measures to help cushion the impact of the fuel price increase through targeted financial and policy responses aimed at supporting low-income households, assisting businesses facing rising operational costs, and maintaining stability in key sectors of the economy.

Further details on these mitigation measures will be announced soon.

The Government also encourages all Fijians to continue exercising responsible fuel use and to support efforts that improve efficiency and reduce unnecessary consumption where possible.

They acknowledge 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.

They also understand that higher fuel prices affect the cost of living and the cost of doing business, from transportation to food and everyday goods.

The Government also says the fuel price adjustment was determined by the Fijian Competition and Consumer Commission, which operates as an independent price regulator.

It says this means that the decision on fuel pricing is made outside of Government, based on global fuel market conditions and pricing formula. 

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