How much money has been allocated by the government to develop the new framework for youth action and engagement?
The Government has allocated £50 million over three years to support the implementation of the Commission’s recommendations. v also has a target of raising £50 million from the private sector. All funding raised from the private sector will be matched on a pound for pound basis by the Exchequer, unlocking potentially an additional £50 million. These figures apply to England only; a further £19.5 million has been made available to the devolved administrations through the Barnett formula.
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