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Govt to report budget deficit of £55.3m, as Covid-19 costs rise to £362m amid slow recovery

Photo by Eyleen Gomez.

The Gibraltar Government will report a deficit for the 2021/22 financial year ending March 31 of £55.3m, Chief Minister Fabian Picardo revealed yesterday. The figure, which is usually announced at the budget session in Parliament, was disclosed as the Government published the Appropriation Bill for the next financial year. The deficit is far lower than...

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