Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what (a) practical, (b) financial and (c) other support Northern Ireland Government Departments have provided to applicants in preparing their applications, designs, cost planning, option appraisals, business cases and green book appraisals for Financial Transactions Capital funding.
The Treasury sets the Northern Ireland administration’s overall Financial Transaction Capital budget through the normal operation of the Barnett formula.
The allocation and use of Financial Transactions Capital is a devolved function and a matter for the Northern Ireland administration. This includes determining Northern Ireland departmental budget profiles and providing support for applicants for Financial Transactions Capital funding.