The Falkland Islands Government has set out its medium term plan for the Islands with an ambitious Budget designed to ensure that we have solid foundations for future economic, social and political development.
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.
The Falkland Islands government at a public meeting defended their position of not including in the annual budget what they described as ‘windfalls’ from fishing and oil and instead adding the ‘exceptional” excess revenue to the Consolidated Fund.