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GSD urges ‘prioritised and targeted’ spending after Sir Joe’s warning on public finances
Johnny Bugeja 15th January 2021
The GSD has urged the Gibraltar Government to ensure public spending is “prioritised and targeted” after Sir Joe Bossano said Gibraltar was no longer “financially stable.”
Sir Joe was given ministerial responsibility for financial stability earlier this week and made his comment during a GBC interview following his appointment.
The comments were “alarming yet unsurprising” according to the GSD, which underscored its longstanding call for greater transparency of government accounts and spending.
“We have, for the last eight years, been warning the Government that its level of spending and borrowing were out of control,” said Roy Clinton, the GSD Shadow Minster for Public Finance.