Government departments will have to pay for Treasury loans in the future.
From 2015, a one per cent charge on the borrowing amount will have to be paid.
Treasury Minister Eddie Teare announced the initiative during a sitting of the Economic Policy Review Committee.
He outlined why he's bringing in the policy:
Low visibility may affect flights today
Travellers are still, however, asked to check in as usual
Suspended sentence for woman who sold drugs on to generate income
25-year-old made 'an incredibly bad decision'
Douglas Council says 'regular' anti-social behaviour happening in Noble's Park toilets
Local authority is urging people with information to contact them
Free allergy and anaphylaxis awareness session for teens and young adults
Session aims to teach young people how to manage emergencies and understand risk
Policing looking to locate blue JD bag for investigation
Officers were called out to an incident in Hawarden Avenue yesterday (28 June)