Budget agreed at Stormont
Stormont ministers have signed off on a final budget for the 2021/22 financial year.
The plan includes a £13 billion allocation for resource spending and £1.78 billion for capital investments.
Additional Covid-19 supports announced by the British Government since Finance Minister Conor Murphy presented his draft budget earlier this year mean the Executive has more funding to deal with the pandemic and its economic consequences than originally expected.
Mr Murphy said the budget prioritised rebuilding the economy and supporting children and young people.
"Covid has presented massive challenges but the vaccination programme has been hugely successful and we hope we can soon move towards economic recovery," he said.
"I have allocated significant funding for an economic stimulus and have also prioritised funding to support young people given the huge impact that Covid has had on their wellbeing."
More to follow
The Executive has signed off on a 2021/22 budget - £13bn of resource funding (day-to-day running of Stormont depts) and £1.78bn capital projects.— Ryan McAleer (@RyanMcAleerbiz) April 1, 2021
Health will take 50% of resource funding (£6.452bn)
DfI will take around 40.5% of capital (£722m)
Budget 2021/22: Supporting businesses & rebuilding the economy with over £500m+ of Covid funding support.— Dept of Finance (@dptfinance) April 1, 2021
•£230m additional rates relief
•£145m High Street Stimulus Scheme
•£141m Economic Recovery
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