Figure more than double that of 2014/15
The £185 million government deficit in 2015/16 was heavily impacted by losses on investments, says the new chairman of the Public Accounts Committee.
The figure in the income and expenditure account at the end of the last financial year stood at just shy of £121 million for unrealised losses, more than double what it was in 2014/15.
PAC Chairman Juan Watterson MHK explains what that means:
Hopes DOI and striking bus drivers could meet
Unite the Union members are about to enter a third round of industrial action
Blocked gullies found to be cause of Castle Street flood
Problems 'not linked to the sewerage system'
'Only a very small number' needing support cashing benefits cheques
Minister confident those yet to cash cheques can access payments
Samantha Barks throws support behind wind turbine petition
'Many of us believe this would permanently change the character of our Island'