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13.4.25 - Is Government getting a grip of public finances?
Perspective
Sunday, 13 April 2025 - 51 minutes
The Treasury Minister has a lot on his plate at the moment as the impact of Trumpian economics sends shock waves around the world. An estimated 5% has been knocked off the value of Isle of Man Government reserves in recent days so how will that affect Treasury predictions in this year’s budget? Alex Allinson appears unflappable but is he and his Treasury team doing enough to bring the deficit between government income and expenditure back to more manageable levels. Should we be concerned about public finances? And if they must fiddle while Rome burns could they at least pick a better tune?