Tag: budget

Saturday, July 15th 2023 - 10:52 UTC
Falklands extends payment increases to all FIG grades

Following representations from Falkland Islands Government Officers, Members of Legislative Assembly reconsidered their budget decisions to not award increments to officers in grades C-A and agreed in Executive Council on July 3 to extend the award to include the payment of increments to all grades.
Wednesday, May 31st 2023 - 18:28 UTC
Falkland Islands Government publishes Budget for 2023/24

On 31st May, the Governor of the Falkland Islands made her annual address, state of the Nation, to the Legislative Assembly. In her speech, Alison Blake CMG reviewed last year's challenges and highlights, set out the government's and public service priorities for the year ahead, and paid tribute to the economy.
Saturday, May 28th 2022 - 10:10 UTC
Falklands' Government publishes Budget for 2022/23: “stability and continuity”

Stability and continuity are at the heart of the Falkland Islands Government Budget for 2022/23. The Budget recognizes these two themes are essential in the time of continued uncertainty stemming from the global COVID-19 pandemic and the work on global recovery.
Wednesday, October 20th 2021 - 09:25 UTC
Brazilian markets plummet on new money support program that ignores budget expenditure cap

Contrary to optimism in world markets, shares in Brazil dropped 3,28% on average following news of a new “Brazil Auxilio” program intended to give monetary support to some 17 million families described as vulnerable or suffering the consequences of Covid-19. But to achieve this the budget cap on expenditure must be violated or hidden behind some accounting cosmetics.
Saturday, October 17th 2020 - 08:52 UTC
Moody's cuts UK debt rating on recession, Brexit and lack of clear budget plans

Ratings agency Moody’s cut the United Kingdom’s debt rating on Friday over the huge economic hit from the coronavirus crisis, Brexit and the lack of clear budget plans from Prime Minister Boris Johnson’s government.
Monday, August 10th 2020 - 07:56 UTC
Falklands' Covid support paid out over a £1m; tourism expected to continue tied to the scheme

The Falkland Islands government, FIG, up to July 6, had paid out £1,016,570 for Covid support measures from the total approved funding of £8.99m. The figure, from a paper presented to the Executive Council does not include the wool clip purchase scheme, which is expected to total around £2.9m.
Friday, June 26th 2020 - 10:06 UTC
Brazil confirms budget primary deficit at 11% of GDP; economy set to shrink 7%

Brazil’s economic growth and fiscal outlook this year are shaping up to be worse than official government forecasts, making a return to austerity and reforms next year all the more pressing, Treasury Secretary Mansueto Almeida said
Friday, June 26th 2020 - 10:01 UTC
Falklands Covid-19 support measures total £8 million; inflation 0,03% in fourth quarter

The Falkland Islands Standing Finance Committee has revealed that the government has funded Covid-19 support measures to the tune of £7.983 million. The spending has been offset by underspends from a number of government departments, including Education and Natural Resources, while the Islands Plan budget is expected to underspend by nearly half a million pounds.
Tuesday, June 23rd 2020 - 10:26 UTC
Falklands government on track to deliver a five year £130m capital program

The Falkland Islands Government confirmed its commitment to delivering its capital program, despite some disruption caused by the global COVID-19 pandemic. The approved total capital program is valued at £130m over five years and there is significant work on-going to deliver critical infrastructure projects.
Wednesday, June 10th 2020 - 22:10 UTC
Falklands 2020/21 budget reflects stability and continuity: no rises in fees or charges

Stability and continuity are at the heart of the Falkland Islands Government Budget for 2020/21. The Budget recognises these two themes are essential in the time of uncertainty stemming from the global COVID-19 pandemic.