On Air Now More Music 1:00am - 6:30am Email
Now Playing I Want To Know What Love Is Foreigner Download

Long-term financial plan should curb overspending, says Treasury Minister

The Island's Treasury Minister says a long-term financial plan should curb overspending, after departments asked for an extra £46.7 million this year.

Earlier this week, Dr Alex Allinson revealed the Department of Health and Social Care needed £30 million on top of its budget because of rising wages and energy costs.

The Department of Education, Sport and Culture, Department of Infrastructure and Department of Home Affairs will also ask for more money during February's Tynwald sitting.

Dr Allinson says he hopes planning for the future during this year's budget will help prevent shortfalls in future:

More from Isle of Man News

Comments

Add a comment

Log in to the club to add your comment.
Listen Live Listen