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Hundreds of millions drawn down from reserves since 2010

Thu, 10 Dec 2015

Almost £419 million has been drawn down from government reserves since 2010.

The amount, revealed in the House of Keys this week, includes fund expenses, transfers between departments and others to the capital account and General Revenue Account.

Just over £91 million of that figure is estimated to have been pulled to support government spend so far in this financial year.

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