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:
Storm Boelo updates
Weather warnings will be in place throughout the weekend
New amber warning issued
Storm Boelo is bringing strong winds and rain to the Island
Island Rotary Club Marks World Polio Day
Rushen & Western Mann branch donates to disease eradication fund
Douglas Council says 'anti-fragile' systems in place to deal with severe storms
Leader Devon Watson says council budgets for 'unforeseen circumstances'