The official website for the States of Guernsey

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High21°CLow14°C
5 day forecastTide timetables
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Fiscal Framework

The Fiscal Framework is a set of rules agreed by the States to govern how we manage our public finances. These rules were first agreed in 2009 and then updated in 2016. They commit the States to a guiding principle of permanent balance. That is, in the long-term, the States should not spend more money than it receives in taxes and other sources of income.

The Framework rules also state that the States should:

The States' performance against these rules is monitored each year in the Annual Independent Fiscal Review.

Downloads

Fiscal Framework 2009 Fiscal Framework 2016

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