Departments to receive allocations in excess of £200million in June monitoring round - Wilson
Stormont Executive press release - Department of Finance and Personnel
Finance Minister Sammy Wilson today praised the Executive’s budget management and confirmed allocations in excess of £200million for departments in the June monitoring round.
The Finance Minister presented the outcome of 2012-13 Provisional Outturn and 2013-14 June Monitoring to the Assembly.
The Provisional Outturn confirms the Executive’s 2012-13 spending performance and this was again excellent with low departmental underspends at just 0.2% in terms of Resource DEL and 1.0% in respect of Capital DEL (excluding Department of Justice).
Sammy Wilson said: “This Executive’s excellent budget management has again meant that no money has been surrendered to HM Treasury and that we will have additional resources to allocate in the June Monitoring round. These include substantial allocations of £59million to the Department of Regional Development, £54.6million to the Department of Health Social Services & Public Safety and £19.1million to the Department of Enterprise Trade and Investment."
Commenting on these allocations the Minister continued: “The allocations made in this round will provide a huge boost for our construction sector. There was also good news for the wider local economy in terms of the Executive’s provision of further resources to Invest NI. Our hospitals will also benefit from the injection of funding for maintenance of the Health Estate and purchase of new medical equipment.”
The Executive also agreed that DFP officials would initiate an immediate review of capital spending plans for 2014-15 to ensure that projects could be expedited as quickly as possible.
Concluding the Minister said: “It is imperative that major projects, such as the Magherafelt by-pass, are advanced in planning and procurement to ensure that work can start as quickly as possible in 2014-15.”
Notes to editors:
1. Full details of the Minister’s statement can be accessed via the DFP website: http://www.dfpni.gov.uk/statement-on-2013-june-monitoring-round
2. Allocations to the Northern Ireland Departments were as follows:
~ £8.3million to the Department of Agriculture.
~ £9.5million to the Department of Culture, Arts and Leisure.
~ £5million to the Department of Education.
~ £19.1million to the Department of Enterprise, Trade and Investment.
~ £54.6million to the Department of Health.
~ £9.1million to the Department of the Environment.
~ £14.5million to the Department of Justice.
~ £59million to the Department for Regional Development.
~ £10million to the Department for Social Development.
~ £7.4million to the Office of the First and deputy First Minister.
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