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:
Manx Care spends more than £660,000 on reviews over two-year period
Figure relates to six pieces of work on a range of issues
2025 among warmest years on record at Ronaldsway, new Met Office report shows
Spring sunshine and record summer warmth helped make last year the second warmest recorded
Chamber backs revised minimum wage rise after government U-turn
Business group says five percent increase strikes a 'sustainable balance'
DESC begins recruitment process for new chief officer
Successful candidate will be paid up to £147,368
More than 60 full-time equivalent roles identified in government communications and marketing posts
Tynwald written answer discloses breakdown of staff working in marketing, communications, promotional and news-related roles across government departments and public bodies