Money for higher education and Manx Restart Scheme
A £100 million Economic Recovery Fund will help build a ‘platform for recovery’ after Covid-19.
That was the message from the treasury yesterday as the Budget for the next financial year was approved.
£1.75 million has been approved for the Manx Restart Scheme which aims to reduce unemployment.
£3 million is also being pushed into encouraging more people to take up higher education.
Minister Alfred Cannan says as a nation the Isle of Man should take confidence from the fact it has been able to ‘withstand external challenges’ thanks to the resilience of the economy.
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