To ask His Majesty's Government by how much, and by what percentage, (1) resource funding, and (2) capital funding for the Northern Ireland Block Grant has increased from 2023–2024 to 2024–2025.
Answered on
14 May 2024
To accurately compare the Northern Ireland Executive's (NIE’s) funding between years, it is important to compare the same point in the financial year.
The most comparable figures are the 2021 Spending Review settlement for the NIE, which can be found in Table 4.19 here: https://assets.publishing.service.gov.uk/media/61c495ebe90e07196d2b8383/Budget_AB2021_Print.pdf
The (NIE) receives in-year funding through the operation of the Barnett Formula and non-Barnett funding provided at fiscal events and Main and Supplementary Estimates.