For the first six months of the 2015/16 financial year, the Falkland Islands Government is showing a Medium Term Financial Plan surplus of £4.355 million compared to a revised budget surplus of £30,000; a favorable performance of £4.325 million.(*)
In a Christmas message to Falkland Islanders, UK Prime Minister David Cameron is hopeful that the election of a new Argentine president “will allow us to move towards a more mature relationship”.
The Falklands' Retail Price Index for the quarter ending June 30, 2015 decreased by 0.8%, meaning that the annual Retail Price Index (RPI) as at the end of June was 0.3%, helped by lower prices of fuel and power.
The Falkland Islands government reacted strongly to statements by the Argentine official in charge of Malvinas affairs who claimed that the theft of squid and other valuable fish stocks in the South Atlantic, was the reason behind the success of the Islands' economy, according to a report from the Express.co.uk.
The Falkland Islands economy has witnessed impressive, although volatile, growth in recent years with unemployment rates low enough to be the envy of most countries in the world and the government is free of debt, according to the latest State of the Economy released by the Falklands Policy Unit.