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Million-pound government property fund 'for rainy day'

Treasury Minister Alf Cannan says he's putting a million pounds of public money into a property reserve just in case the government needs to buy something.

In the House of Keys this week North Douglas MHK David Ashford wanted to know what the money - included in the Budget - was for.

Mr Cannan said the Land and Property Acquisition Reserve is running low and needs topping up.

But he said there was nothing specific the million pounds was earmarked for:

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