Stability and continuity are at the heart of the Falkland Islands Government Budget for 2020/21. The Budget recognises these two themes are essential in the time of uncertainty stemming from the global COVID-19 pandemic.
The Falkland Islands Government this week unveiled plans for a “prudent” budget that maintains the current levels of expenditure but does not propose any increase in fees and charges. The budget aims to keep the current levels of service delivery but shies away from major investments or increases in operating costs.
The Executive Council has considered a paper on retirement for members of the Falkland Islands Pension Scheme (FIPS), and approved a move towards greater pension flexibility.
The elected government of the Falkland Islands announced that a new era has opened Islands with the inaugural Second Flight from São Paulo, Brazil, touching down this Wednesday afternoon at Mount Pleasant Airport.
The Falkland Islands Government announced on Tuesday its commitment to introduce a Public Register of Beneficial Ownership in the Islands by 2023, which aligns with the UK Government’s timetable.
The impact of Brexit on the Falkland Islands' fishing industry could be “significant” according to the fishing industry, contradicting lawmaker MLA Roger Spink’s view in last week's Penguin News that there were measures that could be undertaken to mitigate the impact of potential tariffs.
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.
The United Nations Decolonization Committee, C24, reiterated its call on Argentina and the UK to resume bilateral negotiations for a “peaceful and long-lasting” solution to the Falkland/Malvinas Islands sovereignty dispute.
Falkland Islands elected lawmaker MLA Roger Spink in his Tuesday speech before the UN Committee on decolonization called on the Argentine representatives to leave aside colonial and conquering wishes over the Islands and start behaving as a 21st-century member of the world community, respecting democratic rights and living and working in harmony with regional neighbours.
Members of the Falkland Islands Legislative Assembly along with the Chief Executive Barry Rowland visited the UK in mid-May to undertake a number of meetings with the oil industry, trade partners, Government officials, ministers, and parliamentarians.