Agenda and minutes

Venue: Committee Room 4 - Tŷ Hywel. View directions

Contact: Bethan Davies 

Media

Senedd.TV: View the webcast

Transcript: Transcript for 02/07/2021 - Finance Committee

Items
Note No. Item

Private pre-meeting - Informal (09.15-09.30)

1.

Introductions, apologies, substitutions and declarations of interest

Minutes:

1.1 The Chair welcomed Members to the inaugural (virtual) meeting of the Finance Committee.

(09.30)

2.

Paper(s) to note

Minutes:

2.1 The papers were noted.

2.1

PTN 1 - Letter from the Chief Executive and Clerk of the Senedd: Financial implications of the COVID-19 pandemic - update as at 31 March 2021 - 26 May 2021

Supporting documents:

2.2

PTN 2 - Finance Committee remit

Supporting documents:

(09.30-10.30)

3.

Welsh Government First Supplementary Budget 2021-22: Evidence session

Rebecca Evans MS, Minister for Finance and Local Government

Andrew Jeffreys, Director Treasury, Welsh Government

Matthew Denham-Jones, Deputy Director Financial Controls, Welsh Government

 

Supporting papers:

FIN(6)-01-21 P1 - Welsh Government First Supplementary Budget 2021-22

FIN(6)-01-21 P2 – Main expenditure group allocations

FIN(6)-01-21 P3 – Explanatory Note

Research Service brief

Supporting documents:

Minutes:

3.1 The Minister agreed to provide the Committee with a written update, outlining the difficulties in obtaining clarity from the UK Government, on the issue of Barnett consequentials.

 

3.2 The Minister agreed to ask the Minister for Economy to provide the Committee with:

 

·         a detailed breakdown of the £55m funding made available for business support in May and June, including the reasons why 24 percent of businesses were not approved to receive funding, how the allocations have been evaluated and how any underspend of the £55m made available in funding has been reallocated.

 

·         further information on future business support schemes to be funded from the Welsh Government’s £200m package of support.

(10.30)

4.

Motion under SO17.42(ix) to exclude the public from the remainder of this meeting and for future meetings, until further notice.

Minutes:

4.1 The motion was agreed.

(10.30-10.50)

5.

Welsh Government First Supplementary Budget 2021-22: Consideration of evidence

Minutes:

5.1 The Committee considered the evidence received.

(10.50-11.10)

6.

Finance Committee procedures and ways of working

Supporting papers:

FIN(6)-01-21 P4 – Finance Committee procedures and ways of working

FIN(6)-01-21 P5 – Training and development

Supporting documents:

Minutes:

6.1 The Committee considered the papers on Committee procedures and ways of working.