AGP Executive Report
Last update: 11 hours agoFalklands Housing Delivery: The Executive Council has approved an accelerated Stanley housing push at Murray Heights, with infrastructure for 60 new plots and 30 modular units, aiming to deliver 30 government houses within 12 months—though it will temporarily divert resources from Sapper Hill Phase 7, causing a few months’ delay. Falklands Budget Discipline: The Legislative Assembly received the 2026/27 budget—£216.3m—built around “living within our means,” including a ban on borrowing for operating costs and a reserves rule set at 1.5 times operating expenditure, as fishing-linked revenue softness and lower investment income shape the outlook. Legislative Assembly Business: MLAs will tackle overseas expenses questions and draft Finance and Appropriation bills ahead of the July 1 start of the financial year, with public papers laid before the Assembly. South Atlantic Energy Watch: Rockhopper says the Sea Lion project is moving into full development, targeting first oil in Q1 2028, after a “transformative” year and updated field economics. Liberation Day Plans: The Falklands will mark the 44th anniversary of Liberation Day on June 14 with a cathedral thanksgiving service, then a parade and wreath-laying at the Liberation Monument in Stanley. Tristan da Cunha Health Support: Falklands medics and support have been deployed to Tristan da Cunha in response to a suspected hantavirus risk after a UK Health Security Agency request.
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