£790m package announced by Minister Murphy includes £560m to bolster health service

Posted by
editor@newrytimes.com
Friday, October 30th, 2020
Coronavirus, News, Politics

Finance Minister, Conor Murphy has allocated over £790 million as part of Covid-19 and October monitoring round allocations.

 

£790m package announced by Minister Murphy includes £560m to bolster health service - Daisy Hill Hospital Newry opening hours visiting times - Newry latest news

 

£687 million of this is Covid-19 funding and over £100 million is part of October monitoring and will have a positive impact on a range of sectors including health, education, transport and sport.

 

 

Making the announcement, Conor Murphy said, “The allocations announced today provides over half a billion pounds to bolster our health service.

“This will help fund the response to this public health emergency including enhancing the test, trace and isolate systems.

“The education of our children is a priority,” he insisted.

 

Copywriter Ireland - Paul Malone, Tall Paul Marketing, Freelance Belfast Copywriter - Tall Paul Marketing Blog Writer - Copywriter NI

 

“With schools re-opening on Monday I have allocated over £61 million to meet increased education pressures.

“This covers costs with restarting schools including; funding to provide a safe learning environment for children and young people, staff costs, free school meals and uniform grants.

“This also includes, nearly £12 million for Education Authority pressures including Special Educational Needs as part of the monitoring round.

 

 

“£19 million will provide much needed financial assistance for the taxi, private bus and coach sector which have been severely impacted by the pandemic and haven’t benefitted from previous schemes.

Conor Murphy continued, “In addition a further £6 million has been held centrally to support this sector.

“£15 million is being allocated for sports organisations which have lost income as a result of reduced spectators at their events, club membership and running competitions.

“We must protect the most vulnerable in society and over £7 million will go to local hospices, which have seen a dramatic loss of revenue and £6.5 million will be used to provide emergency community support and food packages.

“Covid-19 continues to present many challenges and for that reason, we are holding £100 million centrally for targeted support by the Executive in the coming weeks and months.”

 

 

Other Covid-19 allocations include £15 million for local councils, £10 million for Department for Infrastructure lost income, £3.1 million for Executive Communications, and £2.8 million for Further Education.

Other October monitoring round allocations include:

£39.3 million – NI Co-Ownership Housing Association Scheme

£30 million – NI Investment Fund

£6.3 million – Non-Agenda for Change Pay Pressures

£5.6 million – PSNI EU Exit costs

£4.1 million – NI Assembly Members’ staff costs

£2.2 million – Financial Transactions Capitalised Interests

 

 

£2 million – Roadworks and street lighting

£1.6 million – Belfast Transport Hub

£1 million – Schools Maintenance

£0.3 million – Social Investment Fund

 

Keep up to date with the latest Northern Ireland business news, marketing tips and tricks and advice for local businesses on the Tall Paul Marketing website.

 

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