Maria Eagle, the enterprise minister, announced the funding of £800,000 over two years to place advisers across the province to support advice in towns and cities.
“Debt in Northern Ireland is having an adverse economic, social and personal impact on the lives of many people here,” said Ms Eagle.
“This new debt advice contract will help clients to regain control of their financial affairs.”
The new debt advice service has been established following a successful pilot scheme last year in which 160 more people were helped.
Ms Eagle said that Citizens Advice is a “very important and welcome” service and provides a “necessary service” to those in debt, which the new funding will help support.