Peter Ferbrache, president of the Committee for Economic Development, told yesterday's Chamber of Commerce lunch that spending cuts of 3% next year, followed by 5% over the next two years, should lead to smaller, more efficient government.
'There is a lot in favour of it, but it will also mean people being made redundant,' he said.
'We cannot cut £15-20m. off our expenditure without making some people redundant.'
Deputy Ferbrache said that the previous States had spent much time developing strategies and policies 'but they didn't have a clue how those policies were going to be populated and paid for'.
