Northern Ireland Secretary Chris Heaton-Harris said he has set a budget to bring public finances in the region "under control".
Outlining his spending plans in a written ministerial statement, Mr Heaton-Harris delivered a sharp message to Stormont parties - if they disagree with his budget, then restore the powersharing executive.
The Stormont institutions collapsed earlier this year when the DUP withdrew support as part of its protest against the post-Brexit Northern Ireland Protocol.