The Jersey States Assembly has voted to adopt the Government plan for 2020-2023.
The newly named plan, replacing the old Medium Term Financial Plan, details how much can be raised from taxes and spent on public services until 2023.
After a week of debate on the plan and 45 amendments debated, the plan has now been approved with a number of changes.
- A look at some of the things happening:
These amendments will bring in an extra £1 million a year for the treasury.
The plan also proposed a number of cost saving initiatives, in a hope to save £100 million in the next four years.
- Some amendments to the Government plan were defeated:
- Stamp duty rates will remain unchanged
- A first time buyers' deposit scheme was rejected
- Child allowances will remain the same
- Costs of doctor appointments will not reduce
- Parking charges will remain the same