SICCI and government meet in Honiara to address rising fuel costs impacting businesses, prices and households nationwide
HONIARA, Solomon Islands – The Solomon Islands Chamber of Commerce and Industry (SICCI) will continue to work closely with the Solomon Islands Government (SIG) to address the ongoing fuel situation affecting businesses and families across the nation.
SICCI and SIG held a high-level meeting on April 23rd, 2026, to discuss the rising concerns regarding the global fuel prices increase.
The meeting attended by SIG Price Advisory Committee comprising representatives from Ministry of Commerce, Immigrations, Labour and Industry, the Ministry of Finance and Treasury and from the Office of the Prime Minister.
SICCI acknowledged the presence and input of the SIG Price Advisory Committee team during the talks which focused on how rising fuel costs are affecting businesses and the wider community.
SICCI used the opportunity to raise private sector concerns emphasizing the need to take into account the challenges faced by businesses amidst the global fuel price increase.
These issues include severe impact on business operations: Cash flow pressures, Reduced profitability, Workforce impacts and Price increases with some businesses already raising their prices by an average of 23% for services.
“SICCI as the peak body representing the Private Sectors remains committed to working and voicing our members concerns to the government in finding solutions that balance economic realities with the needs of the people and businesses of Solomon Islands,” SICCI CEO James Dolarii emphasized.
“We want to assist the government in making informed decisions regarding the price of fuels, ensuring that the voices of our businesses are heard. Fuel prices affect every part of our economy—from business to services users and transport to food costs, placing a pressure on households. We will continue to support the government with practical advice and real concerns from the private sector.
“We welcome the government’s recent announcement of temporary tax cuts on fuel, including exemptions on import duties and sales tax. However, we will continue to keep this dialogue open and constructive,”
PRESS RELEASE
