ICCC: Fuel price rises still cushioned by subsidies, but consumers and transport operators will feel the pinch

The Independent Consumer and Competition Commission (ICCC) in Papua New Guinea is reviewing the impact of recent fuel price increases on ordinary citizens, according to an announcement made on Friday by ICCC Commissioner and Chief Executive Officer Roy Daggy.

While rising fuel costs continue to be cushioned by government subsidies, the regulator noted that both consumers and transport operators will ultimately feel the financial pinch from the upward price adjustments.