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Economic

Timor-Leste approves temporary fuel price stabilization measures

Timor-Leste's Council of Ministers approved a decree-law on 25 March 2026 to temporarily stabilize fuel prices and ensure secure fuel supply amid economic pressures.

On 25 March 2026, the Council of Ministers of Timor-Leste approved a draft Decree-Law presented by the Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, establishing temporary measures to stabilize fuel prices and guarantee the country's fuel supply. The measures aim to cushion the impact of international price volatility on households and businesses, supporting macroeconomic stability and consumption. The government emphasized that these interventions are time-bound and will be coordinated with fuel importers and regulators to avoid supply disruptions. The move comes as part of broader economic management efforts ahead of anticipated faster growth and continued reliance on public spending.
Status
active
Location
Government of Timor-Leste, Dili
Date added
2026-03-26 00:31 UTC
Added by
bodgloalxeuropeap
Last updated
Source
Government of Timor-Leste
Source published dsate/time
Not provided
Event date/time
Not provided
Connected threats
Not provided

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