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:
Business confidence cools as costs climb and demand outlook weakens, survey finds
Rising labour and energy expenses dominate concerns, while optimism around future demand and profitability remains muted
Treasury eyes tougher immigration rules to tackle 'risks' facing system
Higher pay requirements and stricter dependant policies to be reviewed by Council of Ministers
MHKs challenge MiCard scrap after constitutent dissatisfaction
Claims of 'pressure selling' and a political 'scramble' emerge
Neonatal Care Leave 'would have been invaluable to us as a family'
Government is proposing legislation to allow up to 12 weeks of extra parental leave to those eligible
