Jersey urged to develop plan to boost strategic reserve fund

Summarised from 2 outlets · Updated 22 Sept, 22:34

A backbencher is calling for a long-term strategy to increase Jersey's Strategic Reserve.

Deputy Max Andrews has lodged a proposition requiring ministers to develop a plan to increase the Island's Strategic Reserve. The fund should be built to between 30% and 60% of Jersey's Gross Value Added, with the strategy to be introduced by January 2029.

How it is being reported

• Calls for long-term plan to rebuild Jersey’s ‘rainy day fund’Bailiwick Express · 22 Sept, 11:39
• Moves to swell value of ‘rainy day fund’ in line with expert panelJersey Evening Post · 22 Sept, 07:30

In this story: Deputy Max Andrews · Jersey · Treasury Minister

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