07/02/2002

Farren chairs European Funding Committee

Stormont Finance Minister Dr Sean Farren, has chaired the fifth meeting of the Northern Ireland Community Support Framework (CSF) Monitoring Committee

The meeting was held in the new Lagan Valley Island centre, in Lisburn on Wednesday February 6 where Monitoring Committee members discussed how to best direct European Structural Funds expenditure in the province for 2000-2006. Amounting to almost £900 million, the money overarches both the Building Sustainable Prosperity and PEACE II programmes.

Speaking after the meeting, Dr Farren described the role of the Monitoring Committee as having "vital" role to play in ensuring that the CSF Programme met its objective of "achieving a transition to a more peaceful, stable, prosperous, fair and outward society, sustained by a better physical environment".

Dr Farren said he was also pleased to hear that significant progress was being made with the implementation of both the Building Sustainable Prosperity and PEACE II Programmes.

He added: “I very much welcome the fact that the project selection processes are nearing completion, and that the Programmes will soon be fully operational."

(CL)

Related Northern Ireland News Stories
Click here for the latest headlines.

04 October 2013
Peace Centre Funding Withdrawn
European Union funding of £18m for the peace centre at the former Maze prison has been withdrawn, after parties were unable to agree on the details surrounding the development. The Special European Programmes Body said it had removed the financial support after consulting with the Office of the First and deputy First Minister.
28 June 2002
Executive under-spend criticised by MLAs
Following reports that government departments were under-spending budgets to the tune of £1 million a day, Finance Committee members have launched a scathing attack on executive spending practices.
25 August 2010
NAMA Applauded At Stormont
There has been high-level support expressed for the work of the Irish Republic's National Asset Management Agency, (NAMA) and its impact on NI finances.
11 October 2001
Further education and training advice to be combined
Minister for Employment and Learning, Dr Sean Farren, has outlined proposed changes to the external advisory structures for the Department of Education and Learning.
14 June 2021
L'Derry Security Alert Declared A Hoax
A security alert at St Brecans Park in L'Derry has been declared a hoax. Emergency services responded to reports of a suspicious object in the area early on Saturday 12 June. Homes in the surrounding area were evacuated as the device was examined.