
MHK reiterates comments about Island's reserves
A Douglas North MHK says he 'stands by' comments he made warning of a potential financial crisis.
Speaking on Tynwald Hill, David Ashford thinks the coming year will be 'crucial' for the Island and be a deciding factor in its direction of travel.
This years Budget saw Treasury Minister Alex Allinson announce significant use of the Islands reserves - something he insists is necessary to prevent austerity.
Mr Ashford is optimistic nonetheless: