Finance minister Rebecca Evans will today publish a draft budget designed to protect the NHS and the economy, build a greener future, and create change for a “more equal” Wales.
In the first full budget since the pandemic, the Welsh government has set out its plans to help public services recover, support businesses, and reach those hardest hit in this crisis.
Following a “deeply disappointing” UK government Spending Review, the Welsh government’s draft budget outlines its priorities for the foundations of Wales’ recovery.
Speaking ahead of its publication, Finance minister Rebecca Evans said: “The consequences of this pandemic for our economy, our society, and our communities are truly profound.
“While there is no simple reset option in a global crisis of this scale, we can choose to invest now to protect what matters most and deliver the change that is essential to our recovery.
“This budget will prioritise our NHS and social services budgets with the best possible settlement, in difficult financial circumstances, for the local government services we all rely on.
“We will target new investment to combat climate change and support jobs and training while helping the most vulnerable and hardest hit.
“I am also proud that this budget will boost our mission to tackle inequality, promote fair work, and deliver greater opportunities for children and young people.”
The draft budget 2021-22, which sets out one-year revenue and capital spending plans, will be published on the Welsh government website later today.
The Welsh government is today publishing a one-year revenue and capital budget for 2021-22.
Due to the external factors, which have influenced the timing of this year’s budget, the Welsh government has, with the agreement of the Senedd’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 for 2021-22 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 on 9 February 2021.
Image credit: iurii/Shutterstock
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