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12
WQ.138/2019
WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY J.M. MAÇON OF ST. SAVIOUR
ANSWER TO BE TABLED ON TUESDAY 12th MARCH 2019
Question
Will the Minister confirm that all bids that are submitted to the Investment Appraisal Board must now be endorsed by the relevant minister? If so, when was this decided and where is this policy documented?
Answer
Previously all bids to be recommended to the Treasury and Resources Minister requested confirmation that the relevant Minister was aware of the bid and that it was to be recommended. This is now required earlier in the process.
The Minister will include this requirement in her forthcoming revision of the policy on the Allocation to Contingency, although the rule is already now operated in practice by Treasury and Exchequer. The Minister expects to publish the revised policy to the Assembly by the end of March.
As well as this change the Minister intends to include a role in the consideration of requests for additional funding for the One Government Political Oversight Group.
To reiterate previous answers on this subject, the final decision on whether to approve additional funding for departments from Contingency lies with the Minister for Treasury and Resources, not any other individual or body.