But treasury minister admits there are problems with government spending
The treasury minister believes the Island is in a better position financially than most other jurisdictions.
Alex Allinson admits there are problems with government's spending.
He told Manx Radio work is currently ongoing to tackle Manx Care's budget issues, with the healthcare provider currently forecasting an operational overspend of £9million.
Dr Allinson says other countries are facing bigger challenges:


No public board meeting for Manx Care due to General Election
Chauffeur needed to provide 'professional and discreet service' for VIPs
Fire officer praises 'quick-thinking' staff after blaze at fire station
Chief Minister: 'AG not out to silence debate'