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Montevideo, November 17th 2018 - 08:53 UTC

Tag: SFC

  • Friday, April 27th 2018 - 09:01 UTC

    Falklands operating budget surplus keeps increasing

    MLA Roger Spink, chair of the Standing Finance Committee explained the several “slippages” to which the capital program for 2017/18 has been subject  (Pic Observa)

    The Falkland Islands forecast operating budget surplus for the current financial year sits at £33m, Standing Finance Committee (SFC) was told on Wednesday. The surplus, up from the previous forecast of £27m, has been boosted by fishing company corporation tax payments, which have been “significantly higher than budget.”