Treasury Minister says reserve spending isn't 'bad financial management'

That's according to Treasury Minister Eddie Teare - he says nearly £419 million has been pulled to cover government spending since 2010: 

 

 

The funds are also being used to drive economic growth - £50 million for the Enterprise Development Scheme is being drawn from the same pot. 

 

Mr Teare says it's working hard to keep the Island afloat: