Minister Murphy welcomes €1bn PEACE PLUS budget

Posted by
editor@newrytimes.com
Wednesday, January 20th, 2021
Politics

Finance Minister Conor Murphy has announced the Executive’s commitment to increase its funding to the 2021-27 PEACE PLUS programme, bringing the total budget to approximately €1bn.

 

Minister Murphy welcomes €1bn PEACE PLUS budget - Newry newspapers

 

Welcoming the €1bn programme budget, the Finance Minister said, “Peace Plus will build on previous PEACE & INTERREG Programmes to promote peace and prosperity in Ireland.

 

 

“It will help mitigate the impact of Brexit and COVID, particularly on the most marginalised people and border communities,” he added.

The European Commission and the Irish Government have jointly committed €206m to the PEACE PLUS Programme with the British Government providing at least €560m (£500m) to the Programme.

With the Executive €150m (£134m) and Irish Government €52m providing additional match funding, this will now result in a total PEACE PLUS Programme budget of approximately €1bn.

Minister Murphy continued, “With funding now confirmed, the Special EU Programmes Body will shortly commence a public consultation.

 

 

“I would encourage everyone interested to respond to that consultation and have their say,” he added.

The Special EU Programmes Body (SEUPB), a North/South Body set up under the Good Friday Agreement, has been tasked by the Department of Finance and the Department of Public Expenditure and Reform to develop the PEACE PLUS programme.

 

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

 

The SEUPB will undertake the PEACE PLUS public consultation.

Details of the PEACE PLUS Programme can be found here.

The launch date is to be confirmed.

 

 

Applications are due to open later in 2021.

 

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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