13/01/2016

Mervyn Storey Appointed Finance Minister

First Minister Arlene Foster has appointed Mervyn Storey as the new Finance Minister.

He replaces Mrs Foster who previously held the post before she was announced as the new First Minister on Monday after Peter Robinson stepped down.

Minister Storey said: "I welcome this opportunity to serve all the people of Northern Ireland and I take the responsibility of managing our public finances very seriously.

"My priority, as the new Finance Minister, is to build on the agreed Executive budget as the foundation needed to put Northern Ireland on the right path to reforming and renewing our public services and stimulating economic growth.

"In spite of an increasingly challenging financial climate, the 2016/17 budget provides the stability that’s needed to get Northern Ireland moving forward. It delivers for the people by protecting health and providing a boost for education and skills as well as funding major infrastructure projects for the next four years, which is good news for the construction sector and the wider economy."

Lord Morrow will take over as the new Social Development Minister.

The NI Assembly will break up in March to allow an election campaign to start.

(CD/JP)

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