Government is on course to rebalance its finances by 2015/2016 – but cuts and reforms to government and public services will be needed to achieve it.
The Treasury Minister is presenting this year’s Budget to Tynwald today, with a plan of finding £25 million of real term savings.
Among the measures outlined for the next year is a reduction in net spending of £4.3 million and cutting 153 government posts.
Total spending on benefits will rise by £6 million and there will be a £3.9 million rise in health and social care funding.
Eddie Teare says there's a lot to be done:
Douglas deli struck by vandals
MHK wants to know about government's financial irregularities
No Waste Disposal Licence needed for glamping site
Little time left to swap over manx.net emails
What do you think of the Post Office?
£1.3m computer system could improve courts
Cultural organisation says income has dropped
Students can win trip to NASA space school
