On Air Perspective Dollin Mercer | Noon - 1:00pm

Cost of Covid-19 'clearer' in Autumn - Treasury Minister

Alfred Cannan looks ahead before July budget update

The treasury minister says the true cost of the economic impact of Covid-19 on the Isle of Man will become clearer in Autumn.

Alfred Cannan was asked during the Tynwald Day ceremony for an overview of the Island's financial circumstances, ahead of the unveiling of the revised budget later this month.

Unemployment more than tripled at the peak of the lockdown, while government launched a number of support schemes for individuals and businesses.

Mr Cannan says time will tell:

More from Isle of Man News