Written Ministerial Statement

The content of this written ministerial statement is as received at the time from the Minister. It has not been subject to the official reporting (Hansard) process.

Department of Finance - Budget 2021-22: Funding Available

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Published on Tuesday 1 December 2020.

 

Mr Murphy (The Minister of Finance): The purpose of this Statement is to inform the Assembly of the funding made available for Budget 2021-22 as notified by the Secretary of State for Northern Ireland on 30 November 2020.

In line with my legal obligation under Section 64 of the Northern Ireland Act 1998 I am required to lay before the Assembly a Statement detailing the amount of funding provided for 2021-22 at least 14 days before a laying a draft Budget for the financial year.

Our core DEL arising from recent Chancellor’s Spending Review is set out in the table below.

£millionNon Ring-fenced Resource DELCapitalFTC

2021-22 Core DEL

11,596.0

1,578.0

73.6

The Chancellor also set out further funds for 2021-22 for COVID and non-Barnett items and these are set out in the following table.

£millionNon Ring-fenced Resource DELCapital

COVID

538.2

3.6

Farm Payments

315.6

-

Fisheries

3.1

-

Security

31.2

0.9

Total

888.2

4.5

In addition, the Secretary of State has confirmed the following funding will be available under the Fresh Start Agreement and EU Exit protocol funding.

£millionNon Ring-fenced Resource DEL Capital DEL (Net)

Shared Education and Housing

 

28.4

Equality Commission

0.8

 

This brings the total funding available from the British Government to

£millionNon Ring-fenced Resource DELCapitalFTC

2021-22 DEL

12,484.9

1,610.9

73.6

As required by legislation, I will demonstrate that the amount of funding required by any draft Budget does not exceed the amount notified by the Secretary of State as set out in this statement.