MHK to ask how Treasury will replenish Capital Accounts fund

Friday, 14 June 2013 00:00

Alf Cannan will be seeking to find out how Treasury will replenish the Capital Accounts fund once they’ve reached the end of the rebalancing programme.

The budget plan reveals that if all goes to plan the books will be rebalanced by 2015/16, however it would appear the Capital Account will be depleted to practically zero.

The account provides essential funds for things like improvements to infrastructure and road works.

The Michael MHK gave us an idea how much needs to be in the account on an average year:

(AUDIO ABOVE)

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