The Isle of Man Treasury Minister Alfred Cannan MHK has delivered what he termed a “budget of resilience” that aims to stabilise the economy, protect jobs and invest in public services whilst providing a platform for economic recovery from the COVID-19 pandemic.

Government revenue spending for 2021/22 is budgeted at £1.161 billion, representing £13,740 for every person on the island – an increase of 3.9 percent.

Setting out his fifth budget in Tynwald – the final of this administration – the Minister championed the island’s economy and public finances, which enabled the Isle of Man’s’ government to mak...