The Executive has today agreed allocations of over £78 million
Resource and £40 million Capital as part of June 2025/26
monitoring round.
Speaking after the announcement, Finance Minister said: “I have worked
collectively with Ministerial colleagues to prioritise the finite
resources available and agree allocations which will make a
positive difference. We are providing £25 million for health, £25
million for education to include funding for Special Educational
Needs and childcare, funding for our higher education sector and
Ending Violence Against Women and Girls.
“In line with our commitment to make childcare more
accessible and affordable the £50 million set aside in Budget
2025-26 for the Early Years and Childcare Strategy, as well as
the further £5 million being committed to in-year is now being
formally allocated. We are already seeing the impact of this
funding with it enabling the expansion of the Childcare Subsidy
Scheme to school age children from September, supporting our
hard-working families.”
Commenting on funding for the PSNI, Minister O'Dowd said:
“£5 million is being allocated to cover unforeseen costs
facing the PSNI in dealing with the recent deplorable public
disorder. Recognising the importance of investing in our police
workforce we have also agreed the Department of Justice will be
given first call of up to £7 million on funding in future
monitoring rounds this year for PSNI recruitment. I look forward
to working with Minister Long and the Executive on progressing on
delivery of the PSNI Workforce Recovery Plan as part of the
multiyear Budget process.”
Turning to capital funding, Minister O'Dowd added: “As
with resource funding, bids for capital funding far outstripped
what was available for allocation. In line with our Programme for
Government commitments a further £11 million will be provided to
the Department for Infrastructure for water. With £9 million
being provided to create more social, affordable and sustainable
housing.”
Allocations for Departments include:
- Department of Agriculture, Environment and Rural Affairs -
£3.2 million Resource
- Department for Communities - £0.6 million Resource / £9
million Capital
- Department of Education - £25.4 million Resource / £11.3
million Capital
- Department for the Economy - £9.8 million Resource / £2.5
million Capital
- Department of Finance - £1 million Capital
- Department of Health- £25 million Resource
- Department of Justice - £5 million Resource
- Department for Infrastructure - £6.1 million Resource / £15.7
million Capital
- The Executive Office - £3.5 million Resource / £0.7 million
Capital
The Minister concluded: “Looking forward my Department's
focus will now turn to the multi-year budget. With public
expenditure likely to be constrained for some time,
transformation must be an essential part of this Budget if the
Executive is to deliver its ambitions within the funding
available.
“This will be the first multi-year budget in over
10 years. This will provide an important opportunity to put
our finances on a more sustainable footing and, along with the
Programme for Government, will set the longer-term strategic
direction.”
Notes to editors:
1. Minister of Finance Oral Statement – 2024-25 Provisional
Outturn and 2025-26 June Monitoring Round - https://www.finance-ni.gov.uk/publications/minister-finance-oral-statement-2024-25-provisional-outturn-and-2025-26-june-monitoring-round
