JERSEY TOLD TO SAVE AN EXTRA £600 MILLION IN CASE FINANCE SECTOR FAILS

The Jersey Evening Post on 19th March reported that Jersey should pump at least £600 million into the ‘rainy day fund’ as a precaution against a collapse in the finance industry, a panel of independent economic experts has said – the Fiscal Policy Panel made the comment when publishing its advice for the 2020-23 Government Plan.

https://jerseyeveningpost.com/news/2019/03/19/island-told-to-save-an-extra-600m-in-case-finance-fails/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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