Murphy responds to Treasury Spending Review announcement

Finance Minister, Conor Murphy has expressed his disappointment that the Spending Review will only be for a one year period.

Minister Murphy said: “New Decade, New Approach included a commitment to multi-year budgets so that the Executive could better plan and manage public spending.

 “It is therefore disappointing to learn from the media that the Chancellor only intends to set a one year budget.

“Furthermore, not receiving our budget envelope until the end of November will make it much harder to develop and consult on the Executive’s budget for 2021/22. 

 “I will be raising these concerns, alongside the Scottish and Welsh Finance Ministers, when I speak with the Chief Secretary to the Treasury later today.”

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