Rushen MHK Juan Watterson says he is looking for strong leadership from the chief minister to steer the Island through the financial troubles it faces from April next year.
He wants Tony Brown to set up three working groups to look at the structure of the Manx Government, and its income and expenditure.
Mr Watterson says they should include members of the business community and other key individuals, as well as politicians.
However, he says action is needed now:
Court to order election recount
Julie Edge has petitioned the court after alleged irregularities in this year's election and result declaration.
Number of bus services cancelled or at risk today
Bus Vannin blames ‘staffing difficulties’
Charity to connect elderly people with services at event
Age Concern hopes to inform residents about support available
UK Budget measures to help gas consumers not to be replicated here
Isle of Man Energy says it has no plans to remove standing charges