The Chief Minister Fabian Picardo and the Deputy Chief Minister Dr Joseph Garcia met with the regional representatives of the main Spanish trade unions in Andalucia.
The Government of Gibraltar is pleased to announce the implementation of two new countdown timers to the light controlled crossings in the area of Waterport Road, one by the eastern side of the Watergardens complex and the other at Queensway junction with Waterport Roundabout.
I have the honour to move that the Bill now be read a second time.
INTRODUCTION
1. Mr Speaker, this is my fifth budget address as Chief Minister. It is in fact my first budget address after our re-election to Government in November with great popular support, and I now have the honour to present the Government’s revenue and expenditure estimates for the financial year ending 31st March 2017.
Mr Speaker, it is an honour for me to rise to deliver my fourth Budget speech as Leader of the Opposition and my ninth overall.
Unhappily, Mr. Speaker, this year we find ourselves debating these estimates of revenue and expenditure against the backdrop of a BREXIT vote at the referendum and potentially the single largest threat to our economic model since the closure of the frontier and, in my view, in the history of democratic Government in Gibraltar.
The Chief Minister has painted a bright picture of the Gibraltar economy, telling Parliament that GDP has grown by 7.5% to £1.77 billion, with a surplus of £38.8 million.