26/09/2001

Finance Minister’s draft budget is broadly welcomed

Finance Minister Mark Durkan’s draft budget has been broadly welcomed by the Northern Ireland power-sharing executive.

Minister for Employment and Learning, Dr Sean Farren has welcomed the presentation to the Assembly of the draft budget for 2002/2003 as a “significant achievement by the Executive.”

Dr Farren said: “Reaching agreement on the draft budget introduced by the Finance Minister, represents a significant achievement by the Executive.

“Not all departments have got from the budget what they would have wished. Despite that, I am particularly pleased to be in a position to roll out my student support proposals including the provision of bursary support for higher education students from the poorest families. The draft budget will also secure continuing provision for adults returning to work and promote lifelong learning.

He added: “The presentation of the budget is a further sign of what is achievable under a devolved administration.”

Meanwhile Environment minister Sam Foster has also welcomed the Executive's draft Programme for Government and Draft Budget for 2002/03.

Mr Foster said: "I welcome the fact that the Draft Programme for Government and Budget recognises the importance of the environment for the health, safety, social and economic well-being of all the people of Northern Ireland."

Referring to the budget for 2002/03, the minister said: “The proposed increase of 8.1 per cent in the DOE allocation for 2002/03 is generally welcome, coming as it does on top of the increase of over 16 per cent which I obtained for 2001/02.

“The Draft Budget would enable my department to continue to address the inherited backlogs on complying with EU environmental policies and in the planning system. I would also be able to maintain the intensified effort on Road Safety.”

Turning to the more difficult aspect of the Draft Budget, Mr Foster said: “The Executive was faced with difficult choices. All ministers have ‘rough edges’ in their Draft allocations. In my case, the Executive's global allocation to DOE implies a £2 million cut in the Resources Grant payable to the District Councils with the weakest rates bases.

“For 2001/02, 16 Councils received Grant. I have no doubt that, if confirmed by the Executive after this consultation, this cut would create real difficulties in terms of Council services and District Rate levels. This would, of course, be a matter of serious concern to me.

“My department is therefore today providing Councils with indicative information so that they can consider the implications and make informed responses to the consultation on the Draft Budget." (AMcE)

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

14 January 2011
NI's Public Purse Hit As Treasury Swoops
Although the Stormont Finance Minister and the First and Deputy First Ministers raised their concern, some £300m of Westminster funding is being removed from Northern Ireland. This is to "sort out a hole" in the Treasury's finances, Minister Sammy Wilson has said.
26 April 2024
Executive Approves Draft Budget Of Over £16bn For 2024-25
A Draft Budget of more than £16 billion has been announced for 2024-25 by Finance Minister, Dr Caoimhe Archibald. It is understood that all Executive Parties, except for the Ulster Unionist Party, voted in favour of the Draft Budget.
31 October 2014
Draft Budget Agreed By NI Executive
The Northern Ireland Executive has agreed a draft budget for 2015/16. The news was confirmed in a short statement. On Thursday, the region's five main political parties held last-minute talks to try to finalise the agreement. The deal will see millions of pounds worth of cuts to a number of departments.
06 December 2007
NI Budget For Housing Insufficient
Many hundreds of much-needed new houses for those unable to afford full mortgage payments and for dwellings for people with mental health and learning disabilities are not going to be constructed in Northern Ireland if the proposed N I budget is accepted.
14 November 2024
Minister Murphy Raises Economic Concerns in London
Economy Minister Conor Murphy today raised a number of key economic issues with British Government Ministers during a visit to London.