On-Air Now
Facebook

How will Treasury replenish Capital Account, asks MHK

Fri, 14 Jun 2013


Alf Cannan will be seeking to find out how Treasury will replenish the Capital Accounts fund once they’ve reached the end of the rebalancing programme.


The budget plan reveals that if all goes to plan the books will be rebalanced by 2015/16, however it would appear the Capital Account will be depleted to practically zero.

The account provides essential funds for things like improvements to infrastructure and road works.

The Michael MHK gave us an idea how much needs to be in the account on an average year:


Media

  • Alf Cannan MHK

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed