Island's financial reserves looking healthy
Publication Date: Sat, 13 Nov 2010 12:09
Energy FM has learned that the Isle of Man has over 1.3 billion pounds in assets being managed externally on its behalf.
The funds include over £600m pounds in a national insurance investment account and over £220m in public pension reserves.
The annual statement also shows that the Island currently has over £300m pounds cash reserves to cover emergencies.
Economic Development Minister Alan Bell spoke to Energy FM news earlier.
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Economic Development Minister Alan Bell
