Government Says $3 Billion In Fuel Price Increases Averted Since January | Business Day

Despite the ease in global petrol prices, Energy Minister Daryl Vaz says the issue remains a concern for the Government.

Speaking at today’s post-Cabinet press briefing, he says global developments continue to influence the cost of fuel locally.

Mr. Vaz further revealed that since January, the Government, through Petrojam, has shielded Jamaica from more than $3 billion in potential fuel price increases. This, he says, has cushioned the impact on transportation, food prices and the overall cost of living and doing business.

This Clip was aired in Prime Time News On October 14, 2026

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