The government is not investing enough into its long-term savings, independent finance experts have said.
In its 2025 annual report, external, the Fiscal Policy Panel (FPP) – which reviews how well Jersey generates and controls its money – said the government was spending more than it was earning.
It said finances could go £12m into the red on day-to-day spending next year and the Strategic Reserve was at 20% of Gross Domestic Product, the value of goods and services in Jersey, which was below the recommended target of 30-60%.
Treasury Minister Elaine Millar said the report was not a surprise and measures such as a recruitment freeze had already delivered big savings.