05/08/2016

Treasury Called To Release Funds To Boost Local Economy

The Finance Minister is Northern Ireland has called on the Treasury to release funds to boost the local economy including capital investment in our infrastructure.

Minister Máirtín Ó Muilleoir was speaking after a meeting with Quarry Products Association, which took place at the Craigantlet Quarry, as he continues exploring ways in which the Executive could create a local stimulus package.

He said: "The Executive's allocation of capital funding for key infrastructure projects identified in the Fresh Start Agreement will go some way towards providing this however, in the wake of the EU referendum it is incumbent on the British government to release the necessary funds to stimulate the economy, boost the construction sector, and support local employment.

"I spoke to the Chancellor recently and urged him to bring forward measures to address the difficulties caused by the referendum result."

(CD)

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