01 March 2005
Procurement in Northern Ireland government departments could cut costs by more than £300 million over the next three years.
The reductions are part of the province's target to introduce efficiency savings of more than £1 billion by 2008.
The Northern Ireland government's departments revealed their plans last week in response to targets set by Parliamentary Under Secretary of State Ian Pearson.
Northern Ireland's Department of Health, Social Services and Public Safety (DHSSPS) is planning to make the greatest number of cuts.
Its buyers will generate £120.5 million of cash savings over three years. The department's overall target saving is £474 million.
A major part of this will be achieved through the new national Pharmaceutical Price Regulation Scheme that came into force on 1 January.