02/07/2024
Executive Approves Resource And Capital Funding Worth £300m
The Executive has agreed allocations of over £250 million Resource and £50 million Capital as part of the June 2024/25 monitoring round including funding for education, health and new build social housing.
This includes allocations of:
£122 million for the Department of Health to provide additional funding for vital services.
£43.7 million to the Department of Education for the Education Authority pay and grading Review and a further £44.5 million - £29.5 million towards pressures in the education system and £15 million for capital works to improve the school estate.
£35 million to help address pressures across the justice system.
£20 million for the Department for Communities for New Build Social Housing and £10 million towards discretionary support and the Supporting People programme, as well as for homelessness interventions.
Total departmental allocations including both Resource and Capital funding being made are:
• Department of Agriculture, Environment and Rural Affairs - £5.5 million
• Department for Communities - £42.5 million
• Department for the Economy - £2 million
• Department of Education - £44.5 million
• Department of Finance £0.6 million
• Department of Health - £122 million
• Department for Infrastructure - £18.5 million
• Department of Justice - £35 million
• The Executive Office - £3.2 million
This includes allocations of:
£122 million for the Department of Health to provide additional funding for vital services.
£43.7 million to the Department of Education for the Education Authority pay and grading Review and a further £44.5 million - £29.5 million towards pressures in the education system and £15 million for capital works to improve the school estate.
£35 million to help address pressures across the justice system.
£20 million for the Department for Communities for New Build Social Housing and £10 million towards discretionary support and the Supporting People programme, as well as for homelessness interventions.
Total departmental allocations including both Resource and Capital funding being made are:
• Department of Agriculture, Environment and Rural Affairs - £5.5 million
• Department for Communities - £42.5 million
• Department for the Economy - £2 million
• Department of Education - £44.5 million
• Department of Finance £0.6 million
• Department of Health - £122 million
• Department for Infrastructure - £18.5 million
• Department of Justice - £35 million
• The Executive Office - £3.2 million
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£688 million has been announced to prioritise public sector pay awards, Finance Minister, Dr Caoimhe Archibald MLA has announced. The allocation was part of the £1.045bn available from the Executive Restoration package for general pressures and pay in 2023-24. Some £22 million of resource funding was also available from the Executive’s own funds.
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£631.5m Allocated To Address Pressures And Pay
Finance Minister Dr Caoimhe Archibald today updated the Assembly on the October Monitoring Round. A total of £631.5 million in Resource funding will be provided to departments to address pressures and pay, while £68 million in Capital funding will be invested in social housing, infrastructure, and tackling rural poverty and social isolation.
£631.5m Allocated To Address Pressures And Pay
Finance Minister Dr Caoimhe Archibald today updated the Assembly on the October Monitoring Round. A total of £631.5 million in Resource funding will be provided to departments to address pressures and pay, while £68 million in Capital funding will be invested in social housing, infrastructure, and tackling rural poverty and social isolation.
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Health, Education And Infrastructure All Benefit From Resource Funding
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Finance Minister Announces £151m Spending For NI
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Finance Minister Announces £151m Spending For NI
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Minister Congratulates Mivan On Contract
Former Enterprise Minister Arlene Foster has congratulated Mivan on securing over £30 million worth of contracts in new markets over the past six months. The Antrim-based firm operates within the construction and marine refurbishment sectors and employs over 300 people in NI and Britain.
Minister Congratulates Mivan On Contract
Former Enterprise Minister Arlene Foster has congratulated Mivan on securing over £30 million worth of contracts in new markets over the past six months. The Antrim-based firm operates within the construction and marine refurbishment sectors and employs over 300 people in NI and Britain.
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