Finance

Draft Budget Debate

05 December 2016

Article by Martin Jennings and David Millett, National Assembly for Wales Research Service

Darllenwch yr erthygl yma yn Gymraeg | View this post in Welsh

The Welsh Government’s Draft Budget 2017-18 will be debated in plenary on 6 December 2016.

The Finance Committee led scrutiny within the Assembly and has published the following report on the budget.

Since the Draft Budget was laid the UK Autumn Statement announced an additional £442m of capital funding spread over 2016-17 to 2020-21 and an extra £35.8m revenue between 2016-17 and 2019-20 revenue budget.  Updated Office of Budget Responsibility forecasts have increased their estimates of inflation and decreased economic growth forecasts for 2017.

These infographics show headline figures from the draft budget 2017-18.

This infographic shows headline figures from the draft budget 2017-18draft-budget-2017-18-changes-01