Finance Minister Máirtín Ó Muilleoir today clarified that no funding is at risk with regard to tackling paramilitary activity.
The Minister said: “The Fresh Start Agreement states that the Executive will provide £25 million to tackle paramilitary activity and that the British government will match this funding with an additional £25 million over 5 years.
“There is in reality no issue between the NIO and the Executive on this – despite claims to the contrary. It is agreed that the emphasis has to be on getting the plans right so that funding is used most effectively.
“While the Executive has not yet accessed the funding provided by the British Government, this funding is secure and it will be drawn down at the appropriate times, over the 5 year period, once plans are agreed. The funding is not tied to specific yearly profiles.
“The Executive has already allocated £1.3m in June Monitoring and a further £2.5 million in October Monitoring from the money set aside by the Executive to tackle this issue.”
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