Jersey

Jersey government changes budgeting process

Jersey's government has changed the way it spends money on services and projects after approving a three-year plan.

Politicians approved a plan that maps out how nearly £2b will be used over the next three years.

Treasury Minister Senator Philip Ozouf said the Medium Term Financial Plan was expected to offer funding for better health care, new jobs and the economy.

It is a change from the island's current annual budgeting.

Senator Ozouf said it would give the government more flexibility in how it allocates its money.

There was opposition at times over some of the detail with disagreement over pay awards and reclaiming preference shares from the communication company JT.

Chief Minister Senator Ian Gorst said it was an historic debate and although there had been battles with scrutiny panels, it showed how members were working together.

Senator Philip said changes made because of scrutiny reviews had strengthened the plan and provided funding for different projects.

After three days of debate it was passed by a majority of 36 to 7 with one abstention.

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