The lack of a functioning Northern Ireland Executive has resulted in the Stormont budget crisis.

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Departments are on track to spend more than £650 million this financial year, which equates to almost 5

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The Fiscal Council said this was mostly due to the impact of inflation and pay pressures.

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Even though the spending controls arrangements in the absence of the finance minister

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The Fiscal Council’s findings on how well the Department of Education’s spending was monitored by the executive 

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The budget for the Northern Ireland Executive is controlled by Westminster

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The lack of a budget is a big problem that’s being compounded by the inability to allocate funds between departments.

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Other factors contributing to the situation were the ability of caretaker ministers to make spending decisions 

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It’s becoming increasingly difficult to manage the difficult choices that are facing the UK

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“This is going to make things even more difficult in the coming month

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The absence of a functioning executive and the inability of the previous one 

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agree on a budget are making it even harder to manage these pressures.

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