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WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY THE DEPUTY OF ST. JOHN
ANSWER TO BE TABLED ON TUESDAY 1st MARCH 2011
Question
Further to the Chief Minister's February press statement concerning the Fiscal Stimulus spend of £44 million, would the Minister advise the total amount spent to date, the amount remaining and whether any of that remainder will be redirected to other projects and, if so, provide details?
Answer
The following table details the Fiscal Stimulus Programme spend
Fiscal Stimulus Programme | £M's |
Spend to date | 22.1 |
Further Authorised Spend | 16.1 |
Skills & Training – Statement of Intent | 2.2 |
|
|
Total Predicted Spend | 40.9 |
Remaining Amount | 3.6 |
In a recent statement to the States Assembly, the Treasury and Resources Minister stated that he would return to the Assembly in the next few weeks to formally close the Fiscal Stimulus Programme to new applications. In his statement the Minister announced that he intended to use £2.2 million from the remaining Fiscal Stimulus funds to extend the Skills and Training programmes from October 2011 to August 2012. The latest figures for people registered as unemployed and actively seeking work in Jersey reinforced the need for this extra funding to enable the award-winning Advance to Work (AtW) and Advance Plus schemes to continue until August 2012.
The Minister will shortly be making a statement regarding the remaining funds to the Assembly.