Covid support isn't for 'chamber mates' says Cannan
It's predicted government has lost around £200 -250 million since the start of the pandemic last year.
That estimate based on government support spending and lost revenues comes from the Treasury Minister Alfred Cannan.
He says despite this unemployment levels have improved in recent months and reserves have 'remained strong'.
Mr Cannan made a statement on the Economic Recovery Strategy to Tynwald:
Bishop's vote...vote...pushed back to January
Debate on Isle of Man Constitution Bill adjourned until the new year
Dates for rebranded Isle of Man Food and Drink Festival announced
'The Big Manx Feast' will return in September next year
Treasury eyes tougher immigration rules to tackle 'risks' facing system
Higher pay requirements and stricter dependant policies to be reviewed by Council of Ministers
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
