Tag: Tim Waggott

• Friday, March 25th 2022 - 09:45 UTC

  Falkland Islands Government retains their global S&P A+ rating

  

  The Falkland Islands Government confirmed on Thursday that, following a detailed review of updated fiscal and economic information, supported by a process of confidential interviews with FIG officers and representatives of the business community, S&P Global Ratings have confirmed the sovereign rating for the Falkland Islands remains at A+ with a stable outlook.

• Wednesday, June 2nd 2021 - 01:15 UTC

  Falklands publishes ‘prudent budget’ for 2021/22

  

  The Falkland Islands Government yesterday published its budget for the upcoming financial year, describing it as a prudent budget that focuses on stability and continuity. The budget forecasts operating expenditure of £78.3m and revenues of £92.2m, as well as a capital programme totalling £53.5m for the upcoming financial year.

• Tuesday, May 11th 2021 - 09:36 UTC

  Falklands plans to borrow US$ 85 million for the port, and manages a credit rating of A+ from S&P Global

  

  Reuters has reported that the Falkland Islands got its first sovereign credit rating, an investment-grade A+ score from S&P Global on Monday, as the tiny British-run territory looks to dip into borrowing markets to pay for improvements to its main port.

• Thursday, October 1st 2020 - 09:20 UTC

  Falklands mini budget less likely, despite a “slight deficit” instead of a planned surplus

  

  A Falkland Islands mini budget looks much less likely now, based on what Financial Secretary Tim Waggott told MLAs (lawmakers) at a meeting of the Standing Finance Committee.

• Tuesday, April 21st 2020 - 09:55 UTC

  Falklands appoints new Financial Secretary, takes office 24 April: quarantine and swab test waiting for him

  

  The Falkland Islands Government announced on Monday the appointment of Tim Waggott as the new Financial Secretary, taking up his position from the 24 April 2020.