Proposed budget 'a step in the right direction'
Summary
Jersey’s government has announced its budget plan for 2027 to 2030, which includes measures to help families with living costs and increased funding for healthcare. The budget aims to address concerns about spending more money than the government earns and plans to use new tax revenues to help pay for a new hospital.Key Facts
- Free nursery care for two to three-year-olds will increase from 15 to 20 hours per week.
- The parental grant for families with newborns or adopted children will double to £1,800.
- Families with low to middle incomes will receive a £250 support payment for each school-aged child in 2027.
- Free school meals will be extended to more secondary school pupils on a specific funding scheme.
- Health Department funding will rise from £381 million in 2026 to £406 million in 2027.
- Revenue from an international tax on large multinational companies will be used to fund the new hospital at Overdale.
- The government aims to reduce its spending deficit and move towards sustainable public finances.
- This budget is described as a transitional step, with more changes expected in later years to address long-term financial health.
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