Treasury Minister warns of future spending cuts

The Treasury Minister says the government will be tightening its belt even more over the next 12 months.

Eddie Teare and his officers are in the process of putting together this year’s budget which will be unveiled next month.

Saving money has been high on the government’s agenda over the last few years and it will also be a priority in 2013.

Mr Teare says public sector spending will be reduced further over the next year:

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