“A budget of achievements” in 2018

Minister of State Serge Telle and Jean Castellini, Minister of Finance and Economy, have presented an outline of the 2018 Budget, describing it as a “budget of achievements.” The rebalancing approach initiated in 2011 is continuing with a surplus of revenue expected of €2.9 million in 2018. With a 0.6 percent increase in revenues compared to 2017 and a reasonable increase in spending of 0.9 percent, the draft 2018 budget is “both a budget achievements and of ambitions for the future”, according to the Minister of State. Housing for Monegasques … Continue reading “A budget of achievements” in 2018