AQO 1358/17-22 Mr Andrew Muir Alliance Party North Down
Tabled Date: 03/12/2020 Answered On Date: 14/12/2020 Priority Written: No
Question: To ask the Minister of Finance to outline the impact on public spending in Northern Ireland of the year-on-year change to the core DEL budget for 2021-22 arising from the UK Spending Review.
Answer:
The Spending Review outcome for the Executive falls short of what we might have anticipated pre-COVID. It essentially represents a stand still position in cash terms. With the additional resource DEL Barnett additions being largely offset by the loss of the additional £350 million of NDNA funding we had received in 2020-21, which while provided for one year only was used to fund recurrent pressures in departments. There is a slight increase in conventional Capital DEL core funding of £98.3 million while the Financial Transactions Capital budget has reduced to £73.6 million Details of departmental budget allocations will be set out as part of the draft Budget.
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