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Budget: 173 Million in Deficit Next Year

Summary by Kringvarp Føroya
The Government expects that next year's budget will have ISK 173 million. in deficit. Revenues are estimated at ISK 7 billion and 547 million. and the expenditure of seven billion and 720 million kr. Ruth Vang, Minister of State for Finance, has held a press conference on the budget proposal, which was submitted to Parliament this morning.  The Ministry of Finance says m.a. as follows about the budget proposal: Lower revenues The latest revenue …
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Kringvarp FøroyaKringvarp Føroya

Budget: 173 Million in Deficit Next Year

The Government expects that next year's budget will have ISK 173 million. in deficit. Revenues are estimated at ISK 7 billion and 547 million. and the expenditure of seven billion and 720 million kr. Ruth Vang, Minister of State for Finance, has held a press conference on the budget proposal, which was submitted to Parliament this morning.  The Ministry of Finance says m.a. as follows about the budget proposal: Lower revenues The latest revenue …

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Kringvarp Føroya broke the news in on Tuesday, September 30, 2025.
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