 |
answer text |
<p>The Treasury sets the Northern Ireland administration’s overall Financial Transaction
Capital budget through the normal operation of the Barnett formula.</p><p> </p><p>The
annual Financial Transaction Capital budgets of the Northern Ireland administration
and total Financial Transaction Capital returned to HM Treasury by the Northern Ireland
administration for the period 2012-13 to 2020-21 is set out in the table:</p><p><strong>
</strong></p><table><tbody><tr><td><p><strong>(£m)</strong></p></td><td><p><strong>Financial
Transaction Capital budgets</strong></p></td><td><p><strong>Financial Transaction
Capital returned to HMT</strong></p></td></tr><tr><td><p>2012-13</p></td><td><p>11.8</p></td><td><p>0.0</p></td></tr><tr><td><p>2013-14</p></td><td><p>46.8</p></td><td><p>0.0</p></td></tr><tr><td><p>2014-15</p></td><td><p>62.8</p></td><td><p>0.0</p></td></tr><tr><td><p>2015-16</p></td><td><p>129.0</p></td><td><p>0.0</p></td></tr><tr><td><p>2016-17</p></td><td><p>59.2</p></td><td><p>34.5</p></td></tr><tr><td><p>2017-18</p></td><td><p>166.9</p></td><td><p>109.4</p></td></tr><tr><td><p>2018-19</p></td><td><p>182.2</p></td><td><p>171.9</p></td></tr><tr><td><p>2019-20</p></td><td><p>192.4</p></td><td><p>n/a*</p></td></tr><tr><td><p>2020-21</p></td><td><p>192.8</p></td><td><p>n/a*</p></td></tr><tr><td><p><strong>Total</strong></p></td><td><p><strong>1043.9</strong></p></td><td><p><strong>315.8</strong></p></td></tr></tbody></table><p>*Underspend
data is not available until the end of each financial year.</p><p><strong> </strong></p><p>Financial
transaction funding is ring-fenced for loans or equity investments to the private
sector.</p><p> </p><p>The use of these Financial Transaction Capital budgets is a
matter for the Northern Ireland administration. This includes the allocation of Financial
Transaction Capital budgets to Northern Ireland departments, the drawdown of these
allocations, approvals processes, and details of projects that have been funded.</p>
|
|
