Treasury minister insists Island is in good fiscal standing
The use of government reserves to bolster the economy through the Covid pandemic, and the current financial crisis, was justified but a strategy is needed to strengthen reserves for the future.
That was the message from the treasury minister who has delivered a financial statement to Tynwald.
Alex Allinson said the Island was still in a strong position, with current reserves standing at £1.67 billion, despite two and a half years of rainy days.
However he says the focus must be on efficiency, fiscal accountability and cost savings.
Future of North Barrule triskelion to be decided by planning
Vulnerable gas customers need safeguards, says MLC
Brewery pals pay tribute to 'local legend' with visit to York City
Douglas wine bar to close its doors
Tributes paid to marshal dubbed 'one of the unsung heroes of TT and MGP'