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WQ.250/2019
WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES
BY DEPUTY M.R. LE HEGARAT OF ST. HELIER
ANSWER TO BE TABLED ON TUESDAY 18th JUNE 2019
Question
Will the Minister provide, for each department, their expenditure as of the end of April 2019, alongside the budget allocation and expenditure forecast for each department for the full year; and will the Minister explain what approach she plans to take in respect of anticipated overspends and underspends at the end of the year?
Answer
The newly debated Public Finances Law provides for a half yearly report on certain aspects of the Government Finances to be made public. The Minister has asked that this be extended to include the information requested by this question. This will be a significant step forward improving financial transparency, as currently only the full year figures are reported publically. Although the law is not yet in place, the Minister has asked Officers to honour the intent of this commitment to publish the results of departments for the first half of this year.
This will provide States Members and Members of the public with high level details of Net Revenue expenditure of Departments and the forecast for the remainder of the year and explanations of material variances, as well as forecasts for general revenues income.