Rushen MHK Juan Watterson says he is looking for strong leadership from the chief minister to steer the Island through the financial troubles it faces from April next year.
He wants Tony Brown to set up three working groups to look at the structure of the Manx Government, and its income and expenditure.
Mr Watterson says they should include members of the business community and other key individuals, as well as politicians.
However, he says action is needed now:
£41K spent on encouraging people to shop local
DfE says schemes have been 'generally well received'
Baton of Hope to come back to Isle of Man
'Stand Up to Suicide' message continues to be spread
CoC 'keen' for continuity of sidecar racing at TT
Meetings to be held in coming weeks following review
2026 Manx Grand Prix to begin today
Nearly two weeks of action planned for Snaefell Mountain Course