The Falkland Islands Government’s (FIG) Budget for 2025/26 has today, 16th July, been approved by the Legislative Assembly, setting a considered and strategic direction to safeguard the long-term financial health of the Islands.
The management of the Falkland Islands Government’s (FIG) investment fund portfolio of £400m has been awarded to HSBC Private Banking UK (HSBC) after a competitive process. FIG reviews its investment management on a periodic basis and last year decided to undertake a formal tender.
The Falkland Islands Government (FIG) has announced the retention of its global A+ sovereign rating by S&P Global Ratings, with a stable outlook. This rating reflects the government's strong financial capacity and prudent fiscal policies.
The Falkland Islands Government has announced the appointment of Pat Clunie as the new Financial Secretary and will take up this post in January 2024.