Guernsey States to review its own finances
States members have endorsed a call for a full review of Guernsey's government's finances.
Deputy Matt Fallaize said the States needed to identify ways of balancing its books.
Treasury and Resources was tasked with bringing a report to the States next year, with ideas for raising additional revenue and cutting expenditure.
Deputy Fallaize said it was a simple and straightforward request.
He said: "I do not think it is too much for this assembly to ask the Policy Council to report back by the July of next year with outlined plans for dealing with a budget deficit, which was first identified many years ago.
"We must commit ourselves to leaving our successors with a more favourable fiscal environment than we are operating in at the moment."