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13 February 2020
The Second Supplementary Budget 2019-20 allocates over £1 billion additional funding to departments, increasing Welsh Government expenditure by 5.7%, from £18.7 billion at the First Supplementary Budget 2019-20 to £19.7 billion.
This includes an increase of £97 million (0.7%) in fiscal resource (which includes day-to-day expenditure on pay, current procurement, current grants and subsidies), £69 million (3.7%) in general capital and £130 million (119%) in repayable Financial Transactions Capital.
Our infographic shows headline figures from the Second Supplementary Budget 2019-20 and overall changes from the First Supplementary Budget.
The largest increases are in areas where Welsh Government does not determine expenditure, for example, additional allocations from HM Treasury to meet increased charges in respect of student loans and updated forecasts for impairments and provisions relating to the NHS in Wales. This leads to increases in non-fiscal resource of £429 million (making up most of the £525 million total revenue increase) and Annually Managed Expenditure of £347 million. Changes in fiscal resource and capital allocations by Ministerial portfolio are shown in the chart below.
Changes from First to Second Supplementary Budgets