States of Jersey financial report and accounts 2004
Produced by the
Treasury and Exchequer
Authored by
Treasury and Resources
and published on
01 Jun 2005
Prepared internally, no external cost
Summary
The Minister for Treasury and Resources, Senator Terry Le Sueur, has published the States of Jersey’s 2004 accounts.
The key points in the accounts are:
- In 2004 States expenditure grew by less than the rate of inflation, reflecting the great strides that have been made to put the brakes on what many have regarded as the spending excesses of the past
- underlying rate of inflation at the time of writing, is 2.7%, very close to the ambitious target of 2.5% that the States set
States of Jersey financial report and accounts 2004