AQW 7758/17-22 Mr Andrew Muir Alliance Party North Down
Tabled Date: 28/09/2020 Answered On Date: 13/10/2020 Priority Written: No
Question: To ask the Minister of Finance to detail the scale of the efficiencies that he is currently asking Translink to find prior to committing additional funding.
Answer:
Responsibility for Translink lies with the Infrastructure Minister. Minister Mallon recently announced a planned cost reduction programme by Translink aimed at making savings of £10 million. Of the allocations made to the Department for Infrastructure in response to the COVID-19 pandemic, £70 million has been allocated to Translink to address lost income and other COVID pressures. This is in addition to the recurrent £20m which was allocated in the 2020-21 Budget to address Translink’s underlying deficit. Any consideration of further allocations would be a matter for the Executive.
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