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NI 'not exempt from spending cut' NI 'not exempt from spending cut'
(about 1 hour later)
The first minister has said the Northern Ireland block grant will not be exempt from the cuts which will have to be made by any future government.The first minister has said the Northern Ireland block grant will not be exempt from the cuts which will have to be made by any future government.
Labour and the Conservatives have both said the next government will have to make cuts in public spending.Labour and the Conservatives have both said the next government will have to make cuts in public spending.
Speaking at a conference in Belfast on Thursday Peter Robinson challenged other parties to view cuts as a chance to reduce layers of bureaucracy.Speaking at a conference in Belfast on Thursday Peter Robinson challenged other parties to view cuts as a chance to reduce layers of bureaucracy.
He said he will announce a series of proposals later in the autumn.He said he will announce a series of proposals later in the autumn.
Most public spending in Northern Ireland is funded from the block grant. It is allocated by the UK Treasury and the divided up between the Stormont departments.Most public spending in Northern Ireland is funded from the block grant. It is allocated by the UK Treasury and the divided up between the Stormont departments.
Mr Robinson also said Finance Minister Sammy Wilson will publish a budget report "in the near future" which aims to set out the Executive's present financial situation and outline steps towards recovery.Mr Robinson also said Finance Minister Sammy Wilson will publish a budget report "in the near future" which aims to set out the Executive's present financial situation and outline steps towards recovery.
Earlier this week the SDLP and Ulster Unionists published reports which pointed to a large hole in the public finances.Earlier this week the SDLP and Ulster Unionists published reports which pointed to a large hole in the public finances.
Mr Robinson accused the parties of "economic illiteracy."Mr Robinson accused the parties of "economic illiteracy."
He said: "There has been much ill-informed commentary on the issue of the Northern Ireland budget."He said: "There has been much ill-informed commentary on the issue of the Northern Ireland budget."
The DUP has previously proposed cutting the number of executive departments to save money.
Earlier this year, the party put down a Stormont motion proposing to cut the number from 11 to six or seven.
However, despite support from the Alliance Party and Ulster Unionists, it was opposed by the SDLP and Sinn Fein and therefore failed to get the necessary cross-community backing.
At the time, the SDLP accused the DUP of attempting to orchestrate a "power grab".