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Draft budget to be presented to MLAs

Written By blogger on Sunday, November 2, 2014 | 11:05 PM

Finance Minister Simon Hamilton will present his draft budget to the Northern Ireland Assembly later.

The document was agreed by ministers on Thursday, but only the DUP and Sinn Féin voted to support the deal.

The Northern Ireland Executive will have to make significant savings, but the cuts to some Stormont departments will not be as deep as had been feared.

The executive is facing a £160m reduction in the amount of money it gets from the Treasury.

However, so-called inescapable pressures mean departments will have to find savings totalling more than £870m.

The Department of Health is protected in the budget - it will get an extra £200m.

The Department of Enterprise will also get an extra £30m, to fund job creation projects.

The biggest losers, the departments of culture, employment and environment, were all facing a cut of almost 13%.

However, it is now proposed they will face cuts of about 10 or 11%.

A technical change to the Department of Education's budget means it is understood to be facing a cut of almost 5%, compared to just 1% in early drafts of the budget, but the amount of cash it is losing is no bigger.


Draft budget to be presented to MLAs

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