AQW 40720/11-15

Ms Claire Sugden
Independent
East Londonderry

Tabled Date: 14/01/2015
Answered On Date: 12/02/2015
Priority Written: No

Question:
To ask the Minister of Finance and Personnel to detail proposals which have been submitted, to benefit from unallocated Financial Transactions Capital funding, since the 2014 October Monitoring Round.

Answer:

My Statement to the Assembly on the 2014-15 January Monitoring Round detailed allocations of ring-fenced Financial Transactions Capital totalling £40.6 million, including £38.5 million to support the University of Ulster Greater Belfast Development and £2.1 million for the Invest NI Growth Loan Fund. This ensured that all of the Financial Transactions Capital available to the Executive in this year is now allocated to departments.

No other bids were submitted for Financial Transactions Capital in the January Monitoring Round.

Details of allocations for 2015-16 are detailed in the Executive’s Final Budget.