AGP Executive Report
Last update: 10 hours agoFalklands Budget Meeting: Falkland Islands Government will hold a public meeting Monday 8 June, 5-6pm, in the Court & Assembly Chamber as Financial Secretary Pat Clunie presents the 2026/27 annual budget, totalling £216.3m, with a small operating surplus and measures including a £500 cost-of-living payment for full-time FIG employees from 1 July, a 5.3% rise in the minimum wage to £10.17 from January 2027, and 2.7% fee and charge increases (with some overseas postage rises higher). Travel Credit Scheme: The budget also suspends the Travel Credit Scheme, saving £630,000 a year, but leaving many Falkland Islands status holders without future travel support; MLA Cheryl Roberts says it won’t widen divides. Housing Push: Executive Council has approved accelerated housing at Murray Heights: infrastructure for 60 modular plots and 30 modular units, aiming to deliver 30 government houses within 12 months, with some short-term delays as resources shift from Sapper Hill. Sea Lion Oil Row: Argentina escalated its sovereignty dispute over Sea Lion, warning it could “fully exercise all actions” over Rockhopper and Navitas plans to drill near the Falklands as the project moves into development, while Rockhopper reports a 2025 loss tied to arbitration setbacks and says first oil remains targeted for early 2028. Community Remembrance & Commemoration: Islanders marked the Atlantic Conveyor memorial and are building up to Liberation Day on 14 June, with the official programme including a thanksgiving service and a parade and wreath-laying at the Liberation Monument. Overseas Territories Day: The Falklands joined UK Overseas Territories Day events, with flags flying on Victory Green in Stanley.
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