Welsh Budget today

Dawn Bowden AM said “The Welsh Government will release their Budget today. Here is the press release prior to the release of the full details. The Welsh Government is today publishing a one-year revenue and capital budget for 2020-21. Due to the external factors, which have influenced the timing of this year’s budget, the Welsh Government has, with the agreement of the National Assembly’s Business and Finance committees, triggered exceptional arrangements in relation to this year’s budget process. Instead of publishing a two-stage budget, this year, the draft Budget 2020-21 will combine the strategic spending plans for revenue and capital; taxation and borrowing proposals, and the detailed portfolio budget proposals. The Senedd will debate the draft Budget in the new year”.

 

A Budget for the future of our planet

Finance Minister Rebecca Evans will today [Monday 16 December] publish a draft Budget delivering major investment for the Welsh NHS and injecting new ambition to help protect the future of our planet.

This will be the first Welsh Government Budget following the declaration of a climate emergency in Wales. It will help to deliver a greener, more equal and more prosperous Wales.

Following the UK government’s one year spending round announcement, real terms funding for the Welsh Government remains below 2010 levels.

Speaking ahead of its publication, Finance Minister Rebecca Evans said:

“This draft Budget delivers on our promises to the people of Wales and invests to protect the future of our planet.

“Despite a decade of austerity, our plans will see investment in the Welsh NHS reach £37bn since the start of this Assembly term in 2016.

“We are also providing major new funding to combat climate change and ensure our vital public services, such as schools and local government all receive funding increases.

“Our promises have driven our priorities in the face of ruthless UK government austerity that has left Wales worse off.”

The draft Budget 2020-21, which sets out one-year revenue and capital spending plans, will be published on the Welsh Government website today.

 

 

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