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Written question asked by Lord Empey (Ulster Unionist Party) on Thursday, 20 November 2014, in the House of Lords. It was due for an answer on Thursday, 4 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 whether they will allow the Northern Ireland Executive to use financial resources, allocated to it for Capital Departmental Expenditure Limit purposes, as financial allocations for Resource Departmental Expenditure Limit purposes in either financial years 2014–15 or 2015–16.

Answer

Switching provision from Capital budgets to Resource budgets requires the approval of Treasury Ministers, as set out in the Consolidated Budgeting Guidance.

In reaching agreement on a draft budget for 2015-16, the Northern Ireland Finance Minister requested that the Treasury consider flexibilities in relation to specific Capital to Resource switches within the Northern Ireland Executive’s allocations. This request will be considered as the Northern Ireland Executive moves towards setting final 2015-16 budgets.

Secondary information

Type
Written question
Reference
HL3034
Session
2014-15
Grouped for answer
Yes
Subjects
Northern Ireland Public expenditure Northern Ireland Executive Departmental expenditure limits
Link
View this Written question on www.parliament.uk