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:
Cervical screening intervals to be increased on the Island
Public Health says it's because of advancements in technology
Appeal for witnesses after Fairy Hill incident
Investigation taking place into 'allegation of assault'
Ship management firm to close Douglas base resulting in 27 job losses
Bernhard Schulte Shipmanagement issues statement
Education minister defends having one headteacher oversee multiple schools
By September 2025, eight heads will have responsibility for more than one primary school
Onchan man fined after fishing pots failed to comply with regulations
DEFA vessel found four strings of pots with faulty escape hatches and missing identity tags