Government departments will have to pay for Treasury loans in the future.
From 2015, a one per cent charge on the borrowing amount will have to be paid.
Treasury Minister Eddie Teare announced the initiative during a sitting of the Economic Policy Review Committee.
He outlined why he's bringing in the policy:
Historic buses to be celebrated today
It is to mark 50 years since bus nationalisation.
Solar array approved for NSC roof
1,200 panels can now be installed
Castletown Confetti Carnival celebrating its 70th year today
A firework display from Speakers Garden will mark the occasion
Douglas Council says Green Flag Status is 'something to be proud of'
Councillor Natalie Byron-Teare says it shows parks are 'way above standard'