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:
SPC says project to replace Manannan ongoing despite claims from minister it's 'on pause'
Ferry company says work is happening 'behind the scenes'
Trial Deemster would likely have been replaced
Acting Deemster Corbett stepped down without issuing a ruling
Replica Christopher Columbus ship extends stay in capital
Original was used in explorer's first expedition across the Atlantic
Local golf club celebrating 30 years of ladies section
King Edward Bay welcoming members old and new to anniversary
