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Written question asked by Lord Empey (Ulster Unionist Party) on Tuesday, 18 November 2014, in the House of Lords. It was due for an answer on Tuesday, 2 December 2014. It was answered by Lord Deighton (Conservative) on Tuesday, 2 December 2014 on behalf of the Treasury.

Public Expenditure: Northern Ireland

Question

To ask Her Majesty’s Government what will be the final financial allocations to the Northern Ireland Executive for 2015–16 for both Resource and Capital Departmental Expenditure Limit in circumstances where access is given for up to £100 million of loans to the Northern Ireland Executive.

Answer

The Treasury has already set out Northern Ireland Executive allocations for 2015-16, as determined at Spending Round 2013 and amended at subsequent Budgets and Autumn Statements. Final revisions to Northern Ireland Executive allocations for 2015-16 will be set out at the Supplementary Estimates round in January 2016.

The Northern Ireland Executive has been granted exceptional access to the DEL Reserve of up to £100m in 2014-15. In granting this access, the Chancellor of the Exchequer specified that an equivalent amount would be deducted from the Executive’s 2015-16 allocations.

Secondary information

Type
Written question
Reference
HL2934
Session
2014-15
Grouped for answer
Yes
Subjects
Northern Ireland Public expenditure Northern Ireland Executive Departmental expenditure limits
Contains statistics
Yes
Link
View this Written question on www.parliament.uk