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:
Logan Air confirms changes to Birmingham route schedule
Minister says Braddan Roundhouse access route work is underway
Part of Dukes Ave to close during TT fortnight
Chief Minister and DESC meet with Southern Swimming Pool Board
Logan Air to stop weekend flights between IOM and Birmingham
Enterprise Minister says gov planning to collect more hospitality data
Sprinklers put out flats fire
Section of Mountain Road closed for oil clean-up
