Capital Investment: Northern Ireland

Northern Ireland Office written question – answered on 24th January 2020.

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Photo of Ben Lake Ben Lake Plaid Cymru, Ceredigion

To ask the Secretary of State for Northern Ireland, what role the Government will have in the implementation of the £1 billion of new resource and capital spending announced for Northern Ireland on 15 January 2020.

Photo of Julian Smith Julian Smith The Secretary of State for Northern Ireland

The UK Government is providing a £2bn injection of financial support to the new Northern Ireland Executive. The funding package is accompanied by a number of conditions designed to ensure that the UK Government has a role in the implementation of the funding package to help increase overall fiscal and budgetary sustainability in Northern Ireland’s finances.

A new UK Government - Northern Ireland Executive joint board will be established, convened by the Secretary of State for Northern Ireland, to oversee implementation. The Joint Board would have as part of its Terms of Reference in particular the oversight of transformation efforts in health, education and justice where these would draw on funding under this agreement.

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