Government departments will have to pay for Treasury loans in the future.
From 2015, a one per cent charge on the borrowing amount will have to be paid.
Treasury Minister Eddie Teare announced the initiative during a sitting of the Economic Policy Review Committee.
He outlined why he's bringing in the policy:
Liverpool ferry terminal won't be open in time for TT
Berthing trials are still taking place
Snaefell Mine Disaster remembered
Twenty men died in 1897
More random checks on airport passengers likely
Ronaldsway has to comply with new regulations
Road closures in place as Manx Rally gets underway
Various roads will shut throughout today and tomorrow as riders take on a number of stages
Fine for Glen Vine man after paramedic assault
Magistrates accept 57-year-old is 'genuinely remorseful' for actions
Early Mad Sunday Liverpool sailings moved to Heysham
Usage of Pier Head sees Manannan schedule altered on 2 & 3 June
