The value of goods exported from the Falkland Islands recorded a compound annual growth rate of 8.1% between 2010 and 2019, according to the Falkland Islands Government’s State of the Economy report.
The population of the Falkland Islands is set to grow by an average of 2% a year over the next fifteen years, according to a State of the Economy report published by the Falkland Islands Government.
Falkland Islands fishing company representatives led by Stuart Wallace of Fortuna Ltd condemned the 50% rise in toothfish and calamari fishery fees at the Fisheries Committee meeting.
The Falkland Islands Government announced on Tuesday the appointment of Andrew Gaule as the new of Director of Policy and Economic Development. Andrew is due to arrive in the Islands on 2 November 2019 to allow for a seamless handover from the current Director Diane Simsovic.
Last week Penguin News reported on the uncertainty surrounding Brexit causing a slump in meat sales from the Falkland Islands Meat Company and lower prices.
Sodexo has extended its contracts with the Ministry of Defense (MoD) to provide a range of support services to the UK’s Armed Forces in Cyprus and the Falkland Islands for a further three years.
The Falkland Islands' retail price index RPI increased by 2.9% in the 12-month period ending on December 2018, members of the Legislative Assembly were informed. The increase is broadly in line with previous quarters’ year-on-year increases.
Over recent months the Falkland Islands Government have undertaken a review and refresh of the Economic Development Strategy for the Islands.
The Falkland Islands government numbers are looking brighter than forecasted: for the first three months of the financial year (July –September), the government is showing an actual surplus of £6.407 million, compared to a estimated surplus of £2.211 million.
If Britain finally leaves the European Union it might encourage Argentina to be more aggressive, according to Sukey Cameron, Falkland Islands government representative in London interviewed by The Telegraph political correspondent Ben Riley-Smith.