Drawing down £150m for the fiscal year
The government has come under fire for syphoning cash from reserves to bolster its structural deficit.
Former government economist, John Webster says the administration's reliance on considerable sums from its reserves fund is 'ridiculous'.
The structural deficit is the amount spent over and above its income from taxation.
Mr Webster doesn't believe the policy is sustainable:
Petition launched calling for renewal Peel Sailing Club's lease
Peel Commissioners to take it back in 2027 for maintenance work
Cruise ship arrival sets new record
It's the highest number of passengers arriving on a cruise ship in a single day
Government and hospitality representatives hold 'positive talks'
Possible initiatives to help are expected to be announced next week
Community service for serial shoplifter
Douglas man stole butter amongst other items
DESC seeking planning permission for mobile classroom at QEII
It would contain two classrooms and toilet facilities
Planet Earth model seen by more than 13,000 people
Organisers hail the event "a great success"
