Guernsey politicians are to debate the 2021 budget in the States today. Credit: ITV Channel TV
Guernsey politicians are to debate the 2021 budget in the States today (15 December 2020).
However, the Treasury lead of the island s Policy and Resources Committee says it cannot pay for some of the commitments the last government promised.
We simply cannot afford what has been signed up for. We have £237 million of capital spend for which we have £125 million to pay for it. We have £80-130 million of additional revenue spend which will need to be paid for every year, from now going forwards. Which we currently can t meet from the tax base.