We provide information and insights on the Northern Ireland Executive’s budget, including the in-year process, departmental spending plans and public consultation matters. For more information on the 2015-2016 Budget visit our dedicated Budget Hub.
The Department for Health, Social Services and Public Safety have published their draft budget for 2015-16.
The Department of the Environment has now published their draft budget for 2015-16.
The Department of Agriculture and Rural Development has published its draft budget for 2015-16
The Department for Culture, Arts and Leisure have released their draft budget for 2015-16
The Draft Budget 2015-16 announced the creation of a “Change Fund” which will “finance upfront investment in cross-cutting reform initiatives and preventative measures that are expected to generate savings in the longer term.”
The Draft Budget 2015-16 sets aside £133.2m to deal with public service pensions but gives little detail on what these are and why the additional money is needed. This article provides an explanation.
The Northern Ireland Executive’s Budget 2015-16 includes a relatively new category of spending called Financial Transactions Capital (FTC). So what is it and how does it work?