Danny Kinahan – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Danny Kinahan on 2016-09-02.

To ask Mr Chancellor of the Exchequer, if he will bring forward proposals to ring-fence and secure EU infrastructure funding for projects in Northern Ireland when the UK withdraws from the EU.

Mr David Gauke

On 12 August, the Chancellor set out the steps the Treasury was taking to offer reassurance to recipients of EU funding as part of the UK Government’s wider work on the UK’s exit from the EU.

I wrote to the Northern Ireland Finance Minister on the same day, clarifying that the Treasury was offering guarantees in relation to the funding required to cover European Structural and Investment Funds (ESIF) projects administered by the Executive within its devolved responsibilities, which will have signed contracts or funding arrangements in place in advance of Autumn Statement.

My letter further indicated that the Treasury will consider what procedures to put in place for funding in relation to ESIF projects which are expected to be signed after Autumn Statement.