Fiscal Framework

Part of Oral Answers to Questions — Finance – in the Northern Ireland Assembly at 2:00 pm on 7 May 2024.

Alert me about debates like this

Photo of Caoimhe Archibald Caoimhe Archibald Sinn Féin 2:00, 7 May 2024

With the Principal Deputy Speaker's permission, I will answer questions 3 and 4 together.

I have pressed the Chief Secretary to the Treasury on the importance of putting in place a fiscal framework as quickly as possible that includes funding us properly, based on need. That is essential if the Executive are to be able to deliver sustainable quality public services here. My officials are engaging with their Treasury counterparts on the application of the needs-based adjustment factor that was included in the financial package, on the necessity for the Executive to be funded at an agreed level of need going forward and on the development of a wider fiscal framework. Those discussions are ongoing, and I will meet the Chief Secretary later this afternoon to press for progress on those important matters.