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.”
Notes to editors:
- All media enquiries to the Department of Finance Press Office at email@example.com or by Tel: 028 9081 6724.
- Follow us on Twitter @dptfinance
- The Executive Information Service operates an out of hours service for media enquiries between 1800hrs and 0800hrs Monday to Friday and at weekends and public holidays. The duty press officer can be contacted on 028 9037 8110.
- Localised Restrictions Support Scheme extended to businesses now under restrictions 27 November 2020
- Spending Review doesn’t provide foundation for economic recovery – Murphy 25 November 2020
- Murphy announces £300 million support package 23 November 2020
- Murphy and Dodds welcome renewable energy contract delivering £31m in savings 19 November 2020