Public Expenditure: Northern Ireland
(asked on 30th October 2019) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the profiled budgets are for Financial Transactions Capital funding in each Northern Ireland Government Department in each of the next five years.
Answered by
Rishi Sunak
Prime Minister, First Lord of the Treasury, Minister for the Civil Service, and Minister for the Union
This question was answered on 4th November 2019
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.