DKK 500m budget surplus expected next year

The strength of the Faroese economy is reflected in the government’s financial estimates for next year, with the national budget surplus estimated at DKK 500 million.

Opposition members have cast doubt on these figures, arguing that numerous extra expenses have already emerged in the first quarter of this year.

Finance minister Kristina Háfoss firmly denies these accusations and says the government will go one step further in the next electoral period by trying to reduce the Danish government subsidy.

Translated by prosa.fo