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Financial schemes extended, confirms Minister

Some of the Island's financial support schemes have been extended.

Treasury Minister Alf Cannan confirmed the Salary support scheme and the Manx Earnings Replacement Allowance (MERA) will run for a further 12 weeks after Tynwald approved the move. 

MERA has been extended to 20 September and has already paid out £5 million to 2,000 people. 

Mr Cannan said it's too soon to expect reopening businesses to achieve their standard level of income, as seen prior to Covid-19.

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