16 September 2025
The Government of Jersey has published its 2026 Budget, setting out a responsible and forward-looking financial plan that balances immediate pressures with long-term investment in the
Island’s future.
Key Highlights of the Budget
Subject to approval by the States Assembly, this Budget will mean:
- Healthcare: continued investment in modern facilities, preventative care, and digital
health.
- Early Years: expanded nursery provision for two and three-year-olds to support families
and child development.
- Cost of Living: higher tax allowances to ease household pressures.
- Long-term investment: a major capital programme of £1 billion between 2026 and
2029 to renew infrastructure and enhance public services, including new healthcare
facilities.
- Jersey Capital Investment Fund: a dedicated fund designed to protect capital budgets
and deliver greater certainty and transparency for long-term projects.
- Government efficiency: £9 million in annual savings from 2026 through reducing
management layers, cutting reliance on consultants, and consolidating office space.
The 2026 Budget reflects the Government’s commitment to delivering the Common Strategic
Policy (CSP) by investing in Islanders, public services, and the economy, while maintaining
strong public finances.
The Chief Minister, Deputy Lyndon Farnham, said: “Despite global uncertainty and lower-than-expected income in 2024, this Budget sets out a clear and responsible strategy: controlling the
growth of public spending, reducing our reliance on external consultants, and directing
investment towards health, education, infrastructure, and economic resilience.
“Through the Investing in Jersey programme, we are taking a long-term view, renewing public
assets in a way that extends beyond political cycles. The Jersey Capital Investment Fund will
provide transparency, certainty, and continuity in delivering major infrastructure projects. By
streamlining government operations and supporting our economy, from digital healthcare to
maintaining a competitive finance sector, Jersey is well positioned to respond to current
pressures while building a secure and prosperous future.”
The Minister for Treasury and Resources, Deputy Elaine Millar, added: “This year’s Budget takes
a balanced and strategic approach to supporting Islanders while preparing Jersey for future
challenges. It provides tax relief to help households manage the cost of living, while also
introducing health-focused measures such as taxes on vapes.
“Key investments in health and children’s services, alongside the capital programme aims to
enhance infrastructure, including Fort Regent and new healthcare facilities, and modernise
government systems. The Budget also emphasises long-term financial resilience, with prudent
borrowing and investment decisions that reflect a shift away from short-term fixes. Overall, it
positions Jersey as a place of opportunity, stability, and forward-thinking governance.”
Read the details: Proposed Budget 2026 to 2029.
gov.je