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:
"He enjoyed hearing the Manx national anthem!": King greets guests at Government House
His Majesty meets representatives of the Manx community at Garden Party
Crowds gathered in glorious sunshine to see the Monarch
Live blog: King Charles visits the Isle of Man
Updates from the Lord of Mann's first visit to the Island since ascending to the throne
King speaks of Island's 'enduring partnership' with the crown
King Charles III spoke in Tynwald this lunchtime
