Treasury Minister Anne Craine will today unveil the all-important budget for the coming year.
It could have some very significant implications for the Island as the Government moves into the second year of the 5 year recovery plan, brought about by the VAT sharing agreement being revised.
No details have yet been published, but things like tax, department budgets and job cut backs will all have come under intense scrutiny.
Minister Craine and her team have had to formulate this budget with a factored in shortfall of £142 million.
She says the biggest challenge has been putting together a budget that will both please the public, and benefit businesses and the economy on the Island.
She has said she is pleased with the end result and optimistic that they’ve found a positive way forward.
(AUDIO ABOVE)
New amber warning issued for tonight's storm
Police appeal over theft of building materials
One of capital's oldest buildings may become housing
New NHS safety rule to be brought in on Island
Two city streets to shut for over six months
Revamp of airport terminal planned, says DOI
Four ferries now listed as cancelled today
One weekend sailing cancelled, others at risk because of weather
