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Details of the Minister's proposals for fiscal support to help the economy through the recession

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WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY G.P. SOUTHERN OF ST. HELIER

ANSWER TO BE TABLED ON TUESDAY 10th MARCH 2009

Question

Is the Minister able to inform members of the details of his proposals for fiscal support to help the economy through the recession and, if not, when will he be in a position do so?

Answer

The Fiscal Stimulus package is still being developed and the intention remains that it will be lodged alongside the Strategic Plan on April 8. In the meantime I will shortly seek public advice from the Fiscal Policy Panel on the key issues surrounding when and how we should use the Stabilisation Fund to support the economy. Their advice will help me develop the proposals I bring to the States in April and inform members of the Panel's views on some of the key issues. The FPP will also publish its annual report in May this year so that States members are fully informed before they are asked to vote on the Fiscal Stimulus.