Next step in govt's savings drive

Target of £25m set in last budget

Government is expected to give further details today (4 April) on how it intends to find £25 million of savings over the next five years.

The target was set by Treasury Minister Alf Cannan in his February Budget.

A team led by department member Bill Shimmins is due to report back by July, on how substantial savings can be made across all departments.

It's thought likely recommendations on reducing the number of publicly-run services, from the Scope of Government report, will be put forward. 

The SAVE initiative also invited suggestions from the Manx public.

Speaking after the budget, Mr Cannan said the search for savings is driven by the £80 million deficit in public finances: