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WRITTEN QUESTION TO THE MINISTER FOR ECONOMIC DEVELOPMENT BY DEPUTY T.A. VALLOIS OF ST. SAVOUR
ANSWER TO BE TABLED ON MONDAY 19th JULY 2010
Question
Given that a structural deficit cannot be met with spending cuts and increases in taxation alone, could the Minister advise what strategy he will be putting in place to achieve sustainable economic growth?
Answer
EDD, as the Department with responsibility for delivering Priorities 1 and 2 of the 2010-2014 States Strategic Plan, is working closely with both business and its strategic partners, to ensure conditions are put in place to stimulate future economic growth.
On Tuesday 29th June, the Department held a Strategic Stakeholder Forum for local businesses, States Departments and Scrutiny representatives, as the first stage in developing a revised Enterprise Strategy, due for completion by the end of 2010.
This will redefine the strategic priorities, establish key initiatives and provide focus for EDD efforts in diversifying the Jersey economy and reinvigorating economic growth.