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<p>The UK Government remains committed to delivering what was set out in the New Decade,
New Approach agreement published on 8 January.</p><p> </p><p>The UK Government has
provided £2 billion of funding to support implementation of the New Decade, New Approach
deal. £553 million of this has already been allocated. The £2 billion includes a £1bn
Barnett-based investment guarantee from the UK Government, which will include significant
new funding to turbocharge infrastructure investment. This guarantee will apply in
all circumstances, and allow the Executive to plan new investment over a five year
period.</p><p> </p><p>The Northern Ireland Executive are responsible for the establishment
and implementation of the Culture and Community Fund. The UK Government’s commitment
in relation to the Culture and Community Fund is to provide funding to the Executive
once they have agreed to progress plans for its establishment. The Executive will
then be responsible for administering the funding provided by the UK Government. We
continue to work with the Northern Ireland Executive on this matter.</p><p> </p>
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