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.
Work underway to 'get confidence back in the economy'
Energy and food security "two most important things", says MHK
Gatwick drop-off fee rises again
Isle of Man inflation holds steady at 2.8 percent in November
