Treasury Minister Eddie Teare says he hopes to have rebalanced the Island’s budget by the start of the next financial year.
This week in Tynwald, members debated the Island’s budget strategy after Michael MHK Alf Cannan called for a new approach.
Mr Teare says he welcomes input from other Tynwald members.
And he says the struggle to cope with the loss of VAT revenue from the UK is almost complete:
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Plans submitted for 'significant' flood defences in Ramsey
Include installing a four-foot flood wall at West Quay
Tributes paid to cancer awareness campaigner
Sarah Jarvis has died at the age of 60
Police bail for two people arrested in Ramsey incident
One person was treated for injuries that were described as non-life-threatening
WCAS to extend opening hours next month
It's thanked patrons for their patience during 'very difficult times'
Government support for two 'long-stalled' Douglas developments
Former Newson's building and Duke Street site offered assistance through Island Infrastructure Scheme