Finance Minister, Conor Murphy has welcomed the announcement from Treasury which provides a further £300 million for the Executive which can be used this year or carried forward into the 2021/2022 financial year.
Commenting Conor Murphy said: “I welcome this additional £300 million which will be used towards our Covid-19 response.
“Along with Finance Ministers from Scotland and Wales I have been pressing Treasury for flexibility to carry funds into the next financial year given the continued demands there will be as a result of the pandemic.
“I’m pleased flexibility has been granted in relation to this funding which will ensure continued support for the health service, individuals and businesses in the tough months ahead.
“I will be discussing this funding with Executive colleagues at the earliest opportunity this week.”
Notes to editors:
- Cost of living top of the agenda for Finance Ministers 15 June 2022
- Murphy determined to see cost of living support delivered 26 May 2022
- Murphy welcomes Fiscal Commission report 19 May 2022
- Back in Business scheme opens for applications 03 May 2022