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Cut departments to save - Dodds | |
(about 4 hours later) | |
Halving the number of Stormont departments could save £50m a year, the finance minister has said. | |
The executive needs to find £122m of savings following Wednesday's Budget. | |
Nigel Dodds said cutting some of Stormont's 11 departments could be a way to remove "duplication" without effecting services. | |
"Over five years that's a substantial amount of money without any other cuts whatsoever," he said. | |
Streamlining the number of departments has long been a policy of Mr Dodds' DUP party. | |
Battle | |
He also believes the executive faces a "major battle" over future funding from London. | |
Mr Dodds said the Budget's promise of £116m short-term funding, in return for the executive finding £122m of savings, would be managed by ministers. | Mr Dodds said the Budget's promise of £116m short-term funding, in return for the executive finding £122m of savings, would be managed by ministers. |
But he said a Treasury spending review in the next two years could mean a reduction to NI's £10bn annual grant. | But he said a Treasury spending review in the next two years could mean a reduction to NI's £10bn annual grant. |
"We'll have to see what the block grant levels are, that's a major battle for the future, we accept that," he said. | "We'll have to see what the block grant levels are, that's a major battle for the future, we accept that," he said. |
Mr Dodds said the executive would manage the efficiency targets set by the Budget in its monitoring round, a meeting held every three months. | |
He said the executive could be flexible to different spending priorities, and that ministers had so far reallocated more than £1bn across Stormont departments over the last two years. | He said the executive could be flexible to different spending priorities, and that ministers had so far reallocated more than £1bn across Stormont departments over the last two years. |
"That shows that there's substantial changes made to the budget as we go along," he said. | "That shows that there's substantial changes made to the budget as we go along," he said. |