20/01/2025
Executive Agrees January Monitoring Round Allocations
Finance Minister Dr Caoimhe Archibald today informed the Assembly on the outcome of the January Monitoring round.
A total of £16.9 million in Resource Departmental Expenditure Limit (DEL) and £53.6 million in Capital DEL funding has been allocated across departments.
Key allocations include:
• Department for Communities: £4.5m Capital
• Department for the Economy: £2.3m Resource and £5.4m Capital
• Department of Education: £1.5m Resource and £12.5m Capital
• Department of Health: £7.3m Resource and £13.5m Capital
• Department for Infrastructure: £5.2m Resource and £17.6m Capital
Additionally, £147.7 million in Ring Fenced Resource DEL has been allocated across departments for depreciation and impairment.
This funding allocation will support departmental priorities and address key challenges facing Northern Ireland. Commenting Minister Archibald said: "Despite significant in-year funding of £1bn being provided, Departments still face significant budgetary challenges. Demand once again outstrips funding available many times over with almost six times as many bids for day-to-day funding and three times as many bids for Capital.
"£7 million has been allocated to health for use against pay, waiting lists and pressures with £13.5 million in capital funding provided for pandemic preparedness.
"£12.5m has been allocated in capital funding towards the schools’ estate with £1.5 million in day-to-day spending for Special Educational Needs.
"£13.6 million has been allocated to assist with infrastructure pressures while £4.5 million has been allocated for Social Housing New Build funding.
"£1.5 million has been allocated for Skills for Life and Work."
Concluding the Minister said: "I recognise the funding being allocated today will fall short of the many pressures facing departments. It is imperative that each department now lives within its funding envelope set by the January Monitoring round. I welcome the work being done by all Ministers both individually and collectively to ensure we deliver a balanced budget.
"I have asked Ministers if any further reduced requirements are identified that they are notified to my Department at an early stage to allow them to be reallocated to other pressures."
A total of £16.9 million in Resource Departmental Expenditure Limit (DEL) and £53.6 million in Capital DEL funding has been allocated across departments.
Key allocations include:
• Department for Communities: £4.5m Capital
• Department for the Economy: £2.3m Resource and £5.4m Capital
• Department of Education: £1.5m Resource and £12.5m Capital
• Department of Health: £7.3m Resource and £13.5m Capital
• Department for Infrastructure: £5.2m Resource and £17.6m Capital
Additionally, £147.7 million in Ring Fenced Resource DEL has been allocated across departments for depreciation and impairment.
This funding allocation will support departmental priorities and address key challenges facing Northern Ireland. Commenting Minister Archibald said: "Despite significant in-year funding of £1bn being provided, Departments still face significant budgetary challenges. Demand once again outstrips funding available many times over with almost six times as many bids for day-to-day funding and three times as many bids for Capital.
"£7 million has been allocated to health for use against pay, waiting lists and pressures with £13.5 million in capital funding provided for pandemic preparedness.
"£12.5m has been allocated in capital funding towards the schools’ estate with £1.5 million in day-to-day spending for Special Educational Needs.
"£13.6 million has been allocated to assist with infrastructure pressures while £4.5 million has been allocated for Social Housing New Build funding.
"£1.5 million has been allocated for Skills for Life and Work."
Concluding the Minister said: "I recognise the funding being allocated today will fall short of the many pressures facing departments. It is imperative that each department now lives within its funding envelope set by the January Monitoring round. I welcome the work being done by all Ministers both individually and collectively to ensure we deliver a balanced budget.
"I have asked Ministers if any further reduced requirements are identified that they are notified to my Department at an early stage to allow them to be reallocated to other pressures."
Related Northern Ireland News Stories
Click here for the latest headlines.
02 November 2021
Health, Education And Infrastructure All Benefit From Resource Funding
Northern Ireland's health service is set to benefit from almost 90% of the Resource funding available, £200 million, to meet Covid pressures, tackle waiting lists and fund a pay award for workers.
Health, Education And Infrastructure All Benefit From Resource Funding
Northern Ireland's health service is set to benefit from almost 90% of the Resource funding available, £200 million, to meet Covid pressures, tackle waiting lists and fund a pay award for workers.
28 February 2019
Northern Ireland 2019-20 Budget Published
The Northern Ireland 2019-20 Budget, which will allow departments to plan for the incoming financial year, has been published by the Secretary of State, Karen Bradley.
Northern Ireland 2019-20 Budget Published
The Northern Ireland 2019-20 Budget, which will allow departments to plan for the incoming financial year, has been published by the Secretary of State, Karen Bradley.
11 August 2003
Health and education benefit from funding relocation
Finance Minister Ian Pearson has announced plans to relocate some £273 million for public services in Northern Ireland. The majority of the money will see major improvements in the province's health and education sectors.
Health and education benefit from funding relocation
Finance Minister Ian Pearson has announced plans to relocate some £273 million for public services in Northern Ireland. The majority of the money will see major improvements in the province's health and education sectors.
19 January 2015
Budget To Address Health And Education
Frontline services in health and education and economic growth are the key issues addressed in Northern Ireland's 2015/16 budget, according to Finance Minister Simon Hamilton. There is to be a £204m increase in spending for the Department of Health, Social Services and Public Safety, while the Department of Education will received £64.
Budget To Address Health And Education
Frontline services in health and education and economic growth are the key issues addressed in Northern Ireland's 2015/16 budget, according to Finance Minister Simon Hamilton. There is to be a £204m increase in spending for the Department of Health, Social Services and Public Safety, while the Department of Education will received £64.
15 May 2012
Education To Benefit From £72m Further Funding
Education will benefit from further funding allocations of £72million over the next three years following a review of the education budget.
Education To Benefit From £72m Further Funding
Education will benefit from further funding allocations of £72million over the next three years following a review of the education budget.