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Apr 24 - GSD Says Picardo Failed To Address Concerns Over Public Finances During Viewpoint Debate

The Opposition notes what it describes as some of the “extraordinary comments” made last night by the Chief Minister in the GBC Viewpoint debate with the Leader of the Opposition. The GSD says that the Leader of the Opposition has a constitutional obligation to question the Government’s handling of the public finances of Gibraltar and to continue to highlight any concerns. According to the party, last night, once again, the Chief Minister “failed to address any of the legitimate concerns raised not just by the GSD Opposition but many people in Gibraltar.”

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Apr 23 – Review Of Rates At Gibraltar Savings Bank

The Gibraltar Savings Bank has reviewed the rate of return it offers on its savings in the light of the very low inflation and the interest rates offered on Sterling Deposits in the market.

Existing rates for debentures will continue to be available for resident pensioners aged 60 and over. The interest rates available to them will therefore remain at present levels which are:

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Apr 23 - Picardo To Create A Body Which Will Be “Above Politics” – Consultative Council Command Paper Published

The Government has today published a Command Paper for a Gibraltar Consultative Council Act. The proposed Act reflects the decision of the Chief Minister, Fabian Picardo, to propose a body for Gibraltar which would be similar to the Privy Council in UK. This proposal was included within the Chief Minister’s Budget Speech in June 2014.

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