The Treasury Minister says the government will be tightening its belt even more over the next 12 months.
Eddie Teare and his officers are in the process of putting together this year’s budget which will be unveiled next month.
Saving money has been high on the government’s agenda over the last few years and it will also be a priority in 2013.
Mr Teare says public sector spending will be reduced further over the next year:
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Pre-TT meet gets underway this evening
Roads in the south of the Island will close later as the Pre-TT Classic races get underway.
Memorial service announced for Manx hero Chris
A memorial service for Manx mine-clearing hero Chris Garrett will be held in Peel Cathedral next month.
Manx homosexuality law documentary released next week
A documentary about the decriminalisation of homosexuality on the Isle of Man will be released next week.
Government ponders selling off assets to save £50 million
Chief Minster Alf Cannan says the government's considering selling off some of its assets to try to save tens of millions of pounds.
DOI says problems with Mountain Road may mean longer closure
The Mountain Road could be closed for longer than expected today after workers found problems at Brandywell.
Cyclists banned from Mountain Road until June 10
The emergency services are reminding people not to cycle over the Mountain Road during TT.
Meeting to appoint Port Erin glamping site liquidator
A meeting next month will discuss winding up a company which ran what it claimed was the Island's biggest glamping site in Port Erin.
TT bus timetable changes announced
Bus Vannin has released details of its timetables over the TT period.
