Cut comes as petrol and diesel prices soar
A cut to fuel duty on the Isle of Man is expected to cost government around £2.5 million.
A five pence reduction for the next 12 months was announced on Wednesday in light of fast-rising petrol and diesel prices.
It comes in accordance with the Customs and Excise agreement between the UK and the Isle of Man.
Treasury Minister David Ashford has been speaking with Phil Gawne about UK Chancellor Rishi Sunak's Spring Statement:
Douglas East candidate says integrity of whole election has been cast into doubt'
Dave Mackey backs calls for a full recount of September's vote
Defeated candidate calls for Island-wide recount
Onchan's recount saw two candidates gain a combined 180 votes
Manx Care CEO: Manx Care deficit a 'prudent' forecast
Chris Stockport says he doesn't want or expect to finish the year with forecast £19.2m deficit
Ard-Shirveishagh: "If everything is a priority, nothing is a priority"
Chris Thomas defends similarities between his 'Charter for Change' and the previous 'Island Plan'