Pacific economies
-
ADB urges Pacific nations to build resilience as energy-price shocks from Middle East conflict weigh on Fiji and regional growth
Pacific economies brace for a bumpy ride as global tensions push up prices and stretch public finances. A new regional outlook flags debt and fragility as key risks, with Fiji highlighted as a case study in resilience. Policymakers are urged to blend prudent macroeconomics with targeted social support to shield growth and households.
-
Fiji and New Zealand vow joint push to stabilize Pacific fuel supplies as Iran crisis rattles global oil markets
Global fuel markets tighten as the Iran crisis unfolds, pushing Pacific nations to rethink energy security. A phone call between Fiji’s Rabuka and New Zealand’s Luxon signals tighter cooperation and closer monitoring of fuel supplies, with concrete steps still to come as the situation evolves.