13 July 2010
The 2011 draft Business Plan is lodged with the States on Tuesday 13 July. It sets out the targets for each States department, and the money allocated to achieve them.
Chief Minister, Senator Terry Le Sueur, said “Over the next 2 years we will be spending most, if not all, of the Stabilisation Fund in dealing with the short term deficit we face.
“I am pleased we have been able to put forward a £44 million fiscal stimulus programme to protect jobs and invest in training our young people to ensure that we are ready when the recovery begins. But now we need to put in place the foundations of a sustainable future for our Island. That is why we have set a £50 million savings target by 2013. This is challenging, but in my view achievable.
“Last year we saved £17 million to fund improvements in child protection, the historic child abuse enquiry and the ending of the Reciprocal Health Agreement with the UK.
“This year, for the first time for many years, the Business Plan is proposing a real terms drop in spending. We are suggesting an increase of just 1.1% - that’s less than half the current inflation rate of 3.5%, which in real terms represents a drop in spending.
“Ensuring sustainable public finances was one of the aims of the Strategic Plan - and that means keeping Jersey competitive while living within our means and not adding to inflationary pressures.
“We need to reshape and refocus our services to the public using the Strategic Plan objectives as our guide. This Business Plan begins the process of making fundamental changes to the way we deliver some of our services. It keeps in mind the current economic situation and proposes changes which will put our financial management on a more sound and transparent footing.”
Draft 2011 Business Plan
gov.je