Things are looking a lot better for Jersey than 12 months ago,’ he told a meeting of the Jersey branch of the Personal Finance Society.
‘As a result of the changes in the machinery of government there are some very exciting things going on – the Council of Ministers is working.
‘Over the coming months there are some very important issues on economic strategy coming up.
We start from a very good base as one of the wealthiest self-governing states in the world but there is absolutely no room for complacency.
‘It’s not an option not to achieve the two per cent growth rate that was part of our fiscal strategy.
In the past we have seen economic growth but that has been eroded by the cancer of inflation.
