Agenda - Finance Committee


Meeting Venue: Hybrid - Committee

room 4 Ty Hywel and video conference

via Zoom

Meeting date: 25 September 2024

Meeting time: 09.30
For further information contact:

Owain Roberts

Committee Clerk

0300 200 6388

SeneddFinance@senedd.wales


Hybrid

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<AI1>

Registration

(09.00-09.15)

</AI1>

<AI2>

Private Pre-meeting

(09.15-09.30)

</AI2>

<AI3>

Private

 

</AI3>

<AI4>

1       Welsh Government Draft Budget 2025-26 - Pre-budget scrutiny: Chief Economist

(09.30-10.15)                                                                             (Pages 1 - 23)

Thomas Nicholls, Chief Economist, Welsh Government

Julian Revell, Head of Fiscal Analysis, Welsh Government

 

Supporting documents:

FIN(6)-18-24 P1 – Presentation slides

Senedd Research Brief

</AI4>

<AI5>

Break

(10.15-10.20)

</AI5>

<AI6>

Public

 

</AI6>

<AI7>

2       Introductions, apologies, substitutions and declarations of interest

(10.20)                                                                                                             

</AI7>

<AI8>

3       Paper(s) to note

(10.20)                                                                                                             

</AI8>

<AI9>

3.1   PTN 1 - Letter from the Cabinet Secretary for Finance, Constitution and Cabinet Office: Welsh Government First Supplementary Budget 2024-25 -  18 September 2024

                                                                                                 (Pages 24 - 25)

</AI9>

<AI10>

4       Welsh Government Draft Budget 2025-26 - Pre-budget scrutiny: Cabinet Secretary for Finance and Welsh Language

(10.20-11.20)                                                                           (Pages 26 - 41)

Mark Drakeford MS, Cabinet Secretary for Finance and Welsh Language

Andrew Jeffreys, Director Treasury, Welsh Government

Emma Watkins, Deputy Director, Budget and Government Business, Welsh Government

 

Supporting documents:

Senedd Research Brief

</AI10>

<AI11>

5       Motion under Standing Order 17.42 (ix) to resolve to exclude the public from the remainder of this meeting.

(11.20)                                                                                                             

</AI11>

<AI12>

6       Welsh Government Draft Budget 2025-26 - Pre-budget scrutiny: Academics from Bangor University

(11.20-12.00)                                                                           (Pages 42 - 54)

Dr Rhys Ap Gwilym, Senior Lecturer in Economics, Bangor University

Dr Edward Jones, Senior Lecturer in Economics, Bangor University

 

Supporting documents:

FIN(6)-18-24 P2 – Presentation slides

Senedd Research Brief

</AI12>

<AI13>

7       Welsh Government Draft Budget 2025-26 - Pre-budget scrutiny: Consideration of evidence

(12.00.12.10)                                                                                                   

</AI13>

<AI14>

8       Oversight of Audit Wales: Code of practice governing the relationship between the Auditor General for Wales and the Wales Audit Office

(12.10-12.15)                                                                           (Pages 55 - 92)

Supporting documents:

FIN(6)-18-24 P3 – Cover paper

FIN(6)-18-24 P4 – Letter from Audit Wales: The code of practice governing the relationship between the AGW and the WAO – 9 September 2024

</AI14>

<AI15>

9       Fiscal Intergovernmental Relations: Consideration of draft report

(12.15-12.30)                                                                         (Pages 93 - 159)

Supporting documents:

FIN(6)-18-24 P5 – Draft report

</AI15>

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