Falklands' budget estimated deficit, turns into a strong surplus at the end of the financial year

Monday, October 2nd 2017 - 19:56 UTC

Full article 7 comments

The Falkland Islands budget performance at the end of the financial year in June will show a considerable surplus, far from the £2 million deficit estimate, according to the government's Head of Finance, Andrew Francis. Read full article

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Voice
Wouldn't like any of these guys doing my books...even the simplest accounting software gives a running total of profit and loss...
There guesstimate was 22 million out...
Oct 02nd, 2017 - 11:31 pm - Link - Report abuse -2
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Jo Bloggs
Wouldn't worry too much about these guys doing my books...even the most advanced accounting software can't forecast extra licence uptake and strong investment performance.

Spend it on the MPA road please MLAs.
Oct 03rd, 2017 - 06:32 am - Link - Report abuse +1
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teaberry2
Please spend it on a new power station, at least we can drive on the MPA road but without power we are stomped..............
Oct 03rd, 2017 - 10:01 am - Link - Report abuse +1
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portman
the same trend as previous years. these trends give all budget holders an example of what are acceptable variations under lax financial discipline and control. it appears fig operate on the principle that money is better in the bank account of the public purse than left in private bank accounts as it is obvious that not all revenues and taxes levied are needed to provide public services.
Oct 03rd, 2017 - 02:33 pm - Link - Report abuse 0
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Jo Bloggs
teaberry2

The spend on the powerhouse is now seen as a given and will happen anyhow. MPA Road still seems to be in the “we’ll keep doing more on it as long as we can afford it” basket and not a given. I’d like to see it become a firm, fixed priority. So would everyone who drives the road daily. FITT goes through brake pads like Jeremy Corbyn goes through Shadow Cabinet members.

I think I read somewhere that we can expect to see 10K completed this summer and that will be very welcome. Keep going at that rate and it will only take another 3 seasons.
Oct 03rd, 2017 - 03:38 pm - Link - Report abuse +1
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Pete Bog
@Voice

“Wouldn't like any of these guys doing my books.”

You'll be using INDEC to do yours then?
Oct 04th, 2017 - 09:40 am - Link - Report abuse +1
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Gevera
England will return the Malvinas within 25 years.
Oct 07th, 2017 - 03:29 am - Link - Report abuse -1
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