Tag: Nicola Granger

• Wednesday, June 1st 2016 - 03:11 UTC

  Falklands, after 'boom' years, announces a prudent mid/term sustainable budget

  

  The Falkland Islands Financial Secretary Nicola Granger presented on Tuesday to the Legislative Assembly the 2016/17 financial budget bill with appropriations of £62.9M, funded from revenues anticipated in the year of £61.3M with the remainder coming from the reserves built up from wind-falls in Illex catches and oil and gas exploration in recent years.

• Saturday, August 22nd 2015 - 02:46 UTC

  Falklands' retail price index down to 0.3% in first half on lower fuel and power costs

  

  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.

• Wednesday, June 3rd 2015 - 08:18 UTC

  Falklands faces fiscal 2015/16 with surplus budget, all industries prospering and 1.4% inflation

  

  The Falkland Islands Legislative Assembly received on Tuesday the Appropriation Bill which allows for expenditure of £61.4M pounds in the fiscal year 2015/16, supported by revenues of £56.9M and a projected £4.9M from oil and gas exploration, thus completing another surplus year.

• Monday, May 18th 2015 - 04:55 UTC

  Granger swears as Guyana's new president with a one seat majority in legislature

  

  Former army brigadier David Granger was sworn in as Guyana's new president on Saturday after his multiracial opposition coalition narrowly won a national election, heralding a new chapter in the ethnically-divided.

• Saturday, May 16th 2015 - 08:03 UTC

  Opposition wins in Guyana defeating party in power for 23 years

  

  A retired army general is poised to become Guyana’s new president after a multi-ethnic opposition ¬coalition defeated a party that has been in power for 23 years, officials said. Preliminary results show David Granger and his Partnership for National Unity-Alliance for Change Coalition got nearly 207,000 votes in Monday’s ¬general elections.

• Tuesday, August 19th 2014 - 09:16 UTC

  Falklands pricing for valuation of hydrocarbons will follow Norwegian model

  

  The Falkland Islands has an oil legislation regime that is robust and encourages investment, believes Financial Secretary Nicola Granger. Details of a law firm’s report to the Falkland Islands Government (FIG) on tax legislation in relation to the oil and gas industry, and recommendations to Government by Ms Granger, were released to the public this week in a paper that outlines the report from Freshfields Bruckhaus Deringer LLP.

• Wednesday, December 18th 2013 - 16:46 UTC

  Falklands to cash 146m dollars from tax on farm-out deal in oil industry

  

  An agreement has been reached between the Falkland Islands government and Rockhopper Exploration regarding tax arising from the Sea Lion farm-out to Premier Oil, an operation involving a billion US dollars, and which according to the settlement generated a credit of 146m dollars for the Islands Treasury.

• Sunday, October 6th 2013 - 06:40 UTC

  Falklands ‘confident’ about ‘mutually acceptable outcome’ on taxes with oil company

  

  The Falkland Islands Government remains, “confident that a mutually acceptable outcome can be reached with Rockhopper,” on the matter of their tax bill from FIG, confirmed Financial Secretary Nicola Granger last week and indicated the situation would have no impact on local tax laws.

• Friday, August 23rd 2013 - 23:22 UTC

  Falklands reviewing tax returns from oil industry but confident ‘an acceptable outcome can be reached’

  

  The Falkland Islands government is reviewing a tax return submitted by one of the oil companies currently operating off-shore the Islands and is confident a mutually acceptable outcome can be reached.

• Wednesday, December 26th 2012 - 06:53 UTC

  Falklands’ share Norway’s oil wealth fund and port infrastructure experience

  

  Though plagued with flu and taking place largely in darkness, the recent visit to Norway by Members of the Legislative Assembly and senior government officials appears to have produced encouraging results and shone some light on possible developments in the Falkland Islands, according to MLA Dick Sawle.