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Public sector spending deficit needs immediate attention, says MHK

The deficit in public sector spending needs to be addressed - and quickly. 

That's the answer from Treasury after it was probed by Michael MHK Alf Cannan in the House of Keys this week. 
 
In the year 2013/14, the deficit stood at £110 million - £78 million of that figure was topped-up by the Reserves Fund. 
 
Minister Eddie Teare says that can't continue to happen - because the fund is running out. 
 
He explains what needs to be done: 
 

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