Belfast Telegraph

Tuesday 22 July 2014

DUP calls for cut in north-south investment

The Assembly and the Dail should cut the money being invested in cross-border projects and reinvest it in public services, the DUP has said.

The party welcomed suggestions that economic pressure in the Republic might force the Irish government to rethink elements of cross-border investment.

DUP representative Simon Hamilton denied his latest comments were motivated by party political considerations and said he believed money spent on what he called “north-southery” could be better spent on other projects.

The Fianna Fail-led government is considering a report that proposed €5.3 billion of savings and urged 17,300 public sector lay-offs in a bid to ease the financial pressures.

The report, dubbed, “An Bord Snip”, suggested the Dublin government could make savings on north-south projects, which Mr Hamilton said must now prompt a wider rethink.

“Whilst many nationalists cling to the notion that the Republic of Ireland is in favour of cumbersome north-southery it speaks volumes that one of the first places they consider for cuts is the North-South Bodies set up under the Belfast Agreement,” he said.

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