The Council of Ministers is set to meet today to discuss additional cost of living support.
It comes following an announcement that gas prices will increase by 44% from September.
The government has already announced another £2.8 million support package that will go to those most vulnerable this autumn.
Today's extraordinary meeting will determine what broader support can be offered to those not eligible for those payments, but who are still affected by rising costs.
Difficult to compare Island's Hospice funding with UK, says minister
Mountain Road to close because of gales
New amber warning issued for tonight's storm
Police appeal over theft of building materials
One of capital's oldest buildings may become housing
New NHS safety rule to be brought in on Island
Two city streets to shut for over six months
Revamp of airport terminal planned, says DOI