Spending Money Wisely
Spend, spend, spend…
Northern Ireland is allocated over 18 billion pounds a year to provide and improve. One of the most important roles of the and is to plan how to spend this sum. The spending plan is called the .
In the currentclimate, with less money available, agreeing the Budget is not an easy task.
The money available to spend comes fromor from selling government assets, such as land or buildings. The Assembly needs to plan carefully to make sure that money is spent wisely. have to decide how much money to allocate to each sector, for example schools, hospitals, roads, public transport or sports facilities.
In Northern Ireland, theis responsible for the budget making process. The Finance Minister talks to other Ministers to agree a budget. This has to be agreed by the Assembly.
Assemblyexamine the draft budget and debate it in the . The Assembly may have to make some changes to the draft budget before approving it.
The Budget is agreed every four years (that involves spending over £70 billion). As our, MLAs scrutinise work including the way they spend taxpayers’ money. For every Minister and their Department, there is an Assembly that monitors their Department’s budget to ensure that money is being well spent.
With less money available, the Could you make the cuts necessary to balance the Budget?must make difficult decisions.
Spending the Northern Ireland Budget