Budget Bill: Second Stage

Part of Executive Committee Business – in the Northern Ireland Assembly at 9:00 pm on 9th February 2016.

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Photo of Gordon Lyons Gordon Lyons DUP 9:00 pm, 9th February 2016

I thank the Member for giving way. He refers to the debt that the Executive have accrued over recent years: does he not concede that a large proportion of that is a direct result of the voluntary exit scheme? Does he not see the benefit that:

"Each £100 million of borrowing will cost between £3 million and £4 million a year in loan repayments, but will yield annual savings in excess of £50 million"?

Is it not a good thing to have that money available for investment?