Alderney-Guernsey union 'vital for economic recovery'published at 15:54 BST 12 June 2020
Alderney's fiscal union with Guernsey is "more important than ever" for the island's recovery from the coronavirus pandemic, the States of Alderney has been told.
James Dent, the island's most senior politician, told members the crisis has "thrown all of the plans we were making in 2019 into disarray".
He said: "Our major challenge for this year will be a credible recovery plan.
"We need to work closely with Guernsey to make sure we can access the funds we need for any capital investments that recovery will require, and invest for the future of our island."
Commenting on the States accounts, Mr Dent described 2019 as a "satisfactory year" with a modest surplus similar to that of the previous year
However, he acknowledged the the £1.88m cash allocation from Guernsey was a little lower in real terms than previous years and there was reduced surpluses from the Alderney Gambling Control Commission (AGCC) in 2019 .
However, Mr Dent argued the drop in AGCC revenue might be halted or reversed, given the attractive position the regulatory body would hold after Brexit.
He said a review of the 1948 Agreement, which governs the arrangements between Guernsey and Alderney and was set in place to help Alderney recover following World War Two, had been put on hold.


