Latest News Headlines
On-Air Now
Listen Live
Facebook

Budget includes over £12,000 spending per person

Wed, 22 Feb 2017


The Government will spend over £12,000 per person over the next 12 months after Tynwald unanimously agreed the budget.

Treasury Minister Alfred Cannan presented his first budget since taking charge of the Island's finances, including an increase in the person income tax allowance and child benefit raise.

It's estimated £12,277 will be spend on each Manx resident, including almost £4,000 on social security payments such as pensions and income support.

Over £2,500 is set aside for health services, while more than £1,200 per head will go on education.

The police, fire and prison services cost around £405 per person, with £60 for sports and arts, including subsidies for local swimming pools.

Bookmark and Share

 

 

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