AQW 1324/17-22 Written question to the Minister of Finance
To ask the Minister of Finance what discussions he has had with HM Treasury to enable departmental underspends to be reallocated at the end of each financial year to the Northern Ireland Consolidated Fund for the following financial year.
Asked by Paula Bradshaw MLA on 31 January 2020
- Answered
- Written
- Tabled
- 31 January 2020
- Answer due by
- 17 February 2020
- Answered
- 6 February 20206 days after tabling
- Department
- Department of Finance
- Priority question
- No
Answer
There is already a mechanism in place that allows the Devolved Administrations to carry forward unspent funding. The Budget Exchange Scheme allows the Executive to carry forward 0.6% of its Resource DEL, 1.5% of its Capital DEL and 15% of its Financial Transactions Capital DEL from one year to the next.