The Key Economic Highlights for Businesses & Individuals
In his first budget address since the EU referendum result,
Chief Minister Fabian Picardo set out what he described as "a
budget designed with prudence in mind", with a view to
providing "a continued level of prosperity to all sectors of
the community", stimulating new business, and continuing to
make Gibraltar "the most attractive commercial environment in
the Mediterranean."
The Gibraltar Chamber of Commerce have supported the
Government's notes on the need for a cautious approach to
future public expenditure in the current post-Brexit environment.
In the same vein, the Chamber have welcomed the announcement that
there will be no material increase in the cost of doing business in
Gibraltar, as well as the introduction of a new incentive scheme
for start-up companies and newly-established Limited Liability
Partnerships (LLPs) in Gibraltar.
