(ISLANDS BUSINESS) — Fiji’s central bank has sharply lowered its economic growth outlook for 2026, warning that higher fuel prices, rising inflation and softer consumer spending are slowing activity. Reserve Bank of Fiji Governor, Ariff Ali, noted that global risks had risen in recent months due to escalated conflict in […]
(Pacnews) Fiji has welcomed the agreement reached between the United States and Iran, saying the development is a positive step towards reducing global tensions and will contribute to lower fuel prices. In a statement, Prime Minister Sitiveni Rabuka said: “Fiji also welcomes the agreement reached between the United States and […]
(Pacnews) Prime Minister Sitiveni Rabuka says Fiji’s fuel supply is stable but warned more price pressure is coming, announcing a $56 million (US$39.95 million) government response to cushion families, businesses and key services. Rabuka laid out the current fuel position, saying there is no shortage despite global disruptions. “As of […]
Small and medium-sized enterprises (SMEs) across Fiji should prepare for higher operating costs, as a surge in global oil prices is expected to push up local fuel prices in the coming months. Fuel prices in Fiji are regulated under the Fijian Competition and Consumer Commission Act 2010 and administered by […]
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