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MercoPress, en Español

Montevideo, July 27th 2025 - 06:40 UTC

Tag: Falklands budget

  • Friday, May 16th 2025 - 21:22 UTC

    Falklands Government Budget announcement delayed until July

    Gilbert House, the offices where the elected members of the Legislative Assembly meet

    The Falkland Islands Government has postponed the announcement of its 2025/26 budget, which was initially scheduled for June 3. According to a statement from the Legislative Assembly, the delay comes after members of the Budget Select Committee expressed dissatisfaction with the final draft presented, leading to a decision to take additional time for consensus-building.

  • Wednesday, June 5th 2024 - 16:59 UTC

    Falkland Islands Government publishes Budget for 2024/25

    Portfolio Holder for Corporate Government Services, MLA Roger Spink said: “This budget follows the principle of ensuring the long-term financial stability of the Falkland Islands.”

    Focusing on our current and future generations is at the heart of the Falkland Islands Government Budget for 2024/25. The Budget recognises these two themes are essential for the community to mitigate against the continued global cost of living crisis, and the uncontrollable situations happening around the world, which ultimately impact our economy.

  • Thursday, June 8th 2023 - 15:14 UTC

    Falklands budget, “it won't be easy for the private sector”

    Mike Summers, “government competes constantly with the private sector for labor in the middle and lower ranks”

    The latest announcements on the Falkland Islands budget have not gone without comments from the Falklands Chamber of Commerce and its current president Mike Summers, according to an interview on the local television channel.

  • Wednesday, May 31st 2023 - 18:28 UTC

    Falkland Islands Government publishes Budget for 2023/24

    Gov. Alison Blake CMG reviewed last year's challenges and highlights,

    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.

  • Wednesday, June 2nd 2021 - 01:15 UTC

    Falklands publishes ‘prudent budget’ for 2021/22

    Roger Spink MLA said: We have like the rest of the world, experienced a significant financial impact as a result of the pandemic, nevertheless we are still delivering a surplus in the current year.

    The Falkland Islands Government yesterday published its budget for the upcoming financial year, describing it as a prudent budget that focuses on stability and continuity. The budget forecasts operating expenditure of £78.3m and revenues of £92.2m, as well as a capital programme totalling £53.5m for the upcoming financial year.

  • Wednesday, June 10th 2020 - 22:10 UTC

    Falklands 2020/21 budget reflects stability and continuity: no rises in fees or charges

    MLA Roger Spink said: MLAs in ”our last Budget emphasised its foundation as being the wellbeing of people across the Falkland Islands. That is why we have protected local services that are important

    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.

  • Friday, December 13th 2019 - 09:55 UTC

    Falkland Islands Government expects “Robust budgeting” amid “challenging” international relations scenario

    FIG’s Chief Executive Barry Rowland said the government had an ambitious approved capital programme of over £120m.

    “As a government we continue to be careful stewards of our finances and operate a robust and credible budgeting process that is both open and transparent,” Falkland Islands Government’s Chief Executive Barry Rowland stated during a speech to Legislative Assembly.

  • Friday, November 29th 2019 - 08:01 UTC

    Falklands' finances have to manage with budget surpluses

    Financial Secretary James Wilson ran a report on FIG investment portfolio, with seven funds, which has outperformed its targets by 0.1% in the last quarter

    The Falkland Islands Standing Finance Committee met on November 27 in the Liberation Room, Stanley and reported that the forecast operating surplus for the year is now £11.3 million, excluding capital expenditure.

  • Friday, December 14th 2018 - 08:28 UTC

    Falklands' government operating surplus stands at £9.4 million

    Expenditure is expected to ramp up over the remainder of the financial year, with plenty of infrastructure work being scheduled for the summer months.

    The Falkland Islands Government Standing Finance Committee heard on Wednesday that the forecast operating surplus for the whole of the year now stands at £9.4 million. Expenditure is expected to ramp up over the remainder of the financial year, with plenty of infrastructure work being scheduled for the summer months.

  • Wednesday, September 5th 2018 - 07:55 UTC

    Falklands 2017/18 budget had an operating surplus of £38 million

    MLA Roger Spink says a great deal of effort has been taken to more accurately forecast the Falklands' income in the 2018/19 year

    The Falkland Islands Government operating surplus of £38 million for 2017/18 was driven primarily by favourable Corporation Tax receipts. The original budgeted deficit in my view led the former Legislative Assembly to be over cautious in their demands leading to unnecessary thrift in some areas, according to MLA Roger Spink, who is head of the Government Services Portfolio of the Assembly.

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