Figures that inform the Budget have been long outdated – but won’t be again.
That’s according to the Treasury Minister who says quarterly reporting will begin in May or June of this year.
Decisions on the annual budget typically come from information that is 18-months to two years out of date – giving an unrealistic representation of the Island’s economic stance.
Eddie Teare says that needs to change:
Possible disruption to bus services this evening
Pier restoration project marks progress with Sunday celebration
MNH announce Hop Tu Naa celebrations
Ramsey cannabis café heads to Douglas for one-night event
Thousands of names to be read at Gaza remembrance vigil in Douglas
Tree work on busy Douglas road today
Farmers’ Market marks 20 years in northern town
Rally action heads north for second day
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