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Making Public Finances Sustainable

Making Public Finances Sustainable

The IoD October breakfast, which had a record turnout of IoD members and other business leaders, highlighted how the States of Guernsey might make the island’s finances more sustainable. The event gave the local business community the opportunity to hear firsthand from the Committee for Policy & Resources, and for those Deputies to listen to feedback from local directors. 

The event was recorded, and anyone interested in hearing more about the proposed Funding & Investment Plan can watch it here.

After the event, Glen Tonks, Chair of the Guernsey Branch of the IoD said: “The IoD position is that the Bailiwick is living beyond its means and the path is not sustainable with headwinds building.

“Our recent IoD member survey shows that public finances/tax reform, skills/education and growth/investment in infrastructure are important issues for our local directors and business leaders.

“The IoD urges Deputies to work together, to collaborate and align behind solutions and take action to the very urgent challenges the Bailiwick needs to overcome.”

The IoD October breakfast highlighted how the States might make the island’s finances more sustainable
Last Updated: 17th October 2023 First Published: 13th October 2023

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