Gibraltars Chief Minister announced1 on 4 July 2011, in his last budget speech before the elections, another set of impressive figures. The economy grew by 6.5 percent for the year to March 2010, employment again rose to record levels, and the annual 2011 budget surplus was 28.3 million. The Chief Minister believes that with Gibraltar transformed both physically, with improvements and modernizations, and economically, into an onshore European Union EU Financial Centre, this will continue. He has forecast the economy would grow by 5 percent to over 1 billion next year with a 31 million budget surplus. Gibraltar is well placed to seize the opportunities offered by our status, reputation, and new regime, said the Chief Minister.Related posts:Spanish Budget for 2011 AnnouncedUS: FY2012 Budget ReleasedSweden: 2010 Budget