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Question

Transfers into the Strategic Reserve

Published on: 12 October 2026

Question type: Written

Asked by: Max Andrews

Reference: WQ.182/2026

Answered by: Minister for Treasury and Resources

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WQ.182/2026

WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES

BY DEPUTY M.B. ANDREWS OF ST. HELIER NORTH

QUESTION SUBMITTED ON MONDAY 5th OCTOBER 2026

ANSWER TO BE TABLED ON MONDAY 12th OCTOBER 2026

Question

"Will the Minister advise the total amount the Government intends to transfer into the Strategic Reserve, excluding prior year basis (PYB) taxation income and investment income, within the next 20 years and if he is not able to do so, will he explain why not?"

Answer

The Council of Ministers and I remain committed to firstly rebuilding the Stabilisation Fund and then strengthening Strategic Reserve over time, consistent with the recommendations of the Fiscal Policy Panel and the Common Strategic Policy objective of maintaining financial stability.

The exact amount of the transfer will depend upon the return to budget surpluses and investment return performance over the period until the debt is repaid. I will provide more detail in the budget 2028-2030.