Fiscal report out soon

Monday 13th September 2010, 2:30PM BST.

Christopher Allsopp, Marian Bell and Joly Dixon of the Fiscal Policy Planning Group. (Picture by Peter Frankland, 1024360)

AN INDEPENDENT report assessing the conduct of Guernsey States’ fiscal policy is due for publication in October.

The report by the island’s first-ever Fiscal Policy Panel, a group of three UK economists, is also the first time that the States’ finances and fiscal position have come in for such high-level external scrutiny.

And although the panel is only acting in an advisory role and will not be making policy decisions, it will have complete editorial responsibility for its annual report assessing the conduct of the States’ fiscal policy against the criteria laid out in the Fiscal Framework agreed by deputies in 2009.

‘As soon as it is published to the States, it will be made public’