On Air Now Charlie Smith 10:00pm - 1:00am Email
Now Playing Circle Of Life Elton John Download

DED says extra funding feasible following Budget

Minister John Shimmin

Extra funding may be available for the Department of Economic Development - despite it facing a budget cut.

The department's budget has been reduced from £6.4 million to £5.5 million for the next year.

That means a 0.8 per cent decrease in net expenditure this year.

The DED is subject to the lowest outlay of all the government departments - but can apply for funds like Treasury's Marketing Initiative Fund.

Minister John Shimmin says the Chief Minister has alluded to extra funds being available:

More from Isle of Man News


Recently Played

Listen Live Listen