Tag: Falkland Islands Standing Finance Committee

• Friday, April 26th 2019 - 06:58 UTC

  Falklands' annual inflation to March 2.3%: under spend of the 2018/19 budget

  

  Contrary to what happens in the region, and for that matter in most of the world, inflation in the Falkland Islands is on target and the budget performance remains under spent with strong Capital projects carryover from previous budgets.

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• Saturday, July 28th 2018 - 15:30 UTC

  Falklands operating surplus reaches £38 million; strong corporation tax receipts

  

  The Falkland Islands Government operating surplus now stands at over £38 million, Standing Finance Committee members were informed this week. The large surplus is due to favorable corporation tax receipts, and was arrived at by deducting operating costs of £68 million from the year’s income, which is £106 million.

• Saturday, April 28th 2012 - 06:11 UTC

  Falklands’ budget enjoys additional surplus boosted by the oil industry

  

  The Falkland Islands oil industry has contributed with an unexpected addition of £9.2M to the Falkland Islands Government (FIG) budget in the first nine months of the financial year 2011/12, reported the Islands government Standing Finance Committee.