Debate: Budget flexibilities and the operation of the UK Funding Framework

NNDM8497 Lesley Griffiths (Wrexham)

To propose that the Senedd:

1. Recognises that the Welsh Government's fiscal levers are limited.

2. Believes that the budgetary flexibilities available to the Welsh Government are insufficient.

3. Notes the need for greater predictability and certainty of the Welsh Government’s funding arrangements to support its budget planning and that of partner organisations.

4. Acknowledges that the Welsh Government Reserve and borrowing limits are the same as when they were set in 2016.

5. Calls upon the UK Government to provide greater fiscal flexibilities for the Welsh Government, in the interests of effective budget management, including immediately:

a) addressing the impact of inflation on borrowing and reserve limits since 2016;

b) subjecting borrowing and overall reserve limits to annual review; and

c) abolishing reserve draw-down limits.

Co-submitters

Darren Millar (Clwyd West)

Heledd Fychan (South Wales Central)

Jane Dodds (Mid and West Wales)

NNDM8492 Lesley Griffiths (Wrexham) - Withdrawn