Welsh Government Draft Budget 2026-27
Welsh Government Draft Budget 2026-27
The Welsh Government must lay its draft budget for the next financial year before the Senedd to allow scrutiny of its proposals by the Finance Committee. Other Senedd Committees may also consider the draft budget before it is finalised.
The Welsh Government published its outline draft budget on 14 October 2025 and its detailed draft budget on 3 November 2025.
Each year, the Finance Committee undertakes several engagement activities to gather views on where the Welsh Government should prioritise spending in its forthcoming budget. The Committee published its summary engagement report on the Draft Budget 2026-27 (PDF, 5MB) on 9 July 2025.
Providing information to the Committee
Interested parties are invited to submit written evidence to the Committee’s consultation. Further information is available on our consultation webpage.
Committee reports and responses
¬¬¬Finance Committee
|
Evidence Session |
Date, Agenda and Minutes |
Transcript |
Video |
|
Session 1: Mark Drakeford MS, Cabinet Secretary for Finance and Welsh Language, Welsh Government. Andrew Jeffreys, Director Treasury, Welsh Government. Jodye Kershaw, Head of Budget Policy & Delivery, Welsh Government. |
16 October 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 2: David Phillips, Associate Director, Institute for Fiscal Studies. Dr Ed Poole, Senior Lecturer, Wales Governance Centre (Wales Fiscal Analysis). Guto Ifan, Lecturer, Wales Governance Centre (Wales Fiscal Analysis). |
22 October 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 3: Adrian Crompton, Auditor General for Wales, Audit Wales. Dave Thomas, Director, Audit Wales. Matthew Mortlock, Director, Audit Wales. |
5 November 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 4: Derek Walker, Future Generations Commissioner for Wales. Marie Brousseau-Navarro, Deputy Commissioner and Director for Health, Office of the Future Generations Commissioner. |
13 November 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 5: Steffan Evans, Chief Executive Officer, Bevan Foundation. Simon Hatch, Director, Citizens Advice Cymru. Dr Jessica Laimann, Policy and Public Affairs Manager, Women’s Equality Network (WEN) Wales / Wales Women’s Budget Group (WWBG). |
13 November 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 6: Professor Melanie Jones, Wales Productivity Forum. Professor Arnab Bhattacharjee, National Institute of Economic and Social Research. |
20 November 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 7: Marc Strathie, Devolved senior policy advisor, Institute of Directors. Josh Miles, Head of Wales, Federation of Small Businesses (FSB) Wales. Sara Jones, Head of the Welsh Retail Consortium. |
20 November 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 8:
Professor David Miles, Budget Responsibility Committee Member, Office for Budget Responsibility (OBR). Tom Josephs, Budget Responsibility Committee Member, Office for Budget responsibility (OBR). |
1 December 2025 |
Read transcript |
Watch on Senedd.tv |
|
Session 9: Mark Drakeford MS, Cabinet Secretary for Finance and Welsh Language, Welsh Government. |
1 December 2025 |
Read transcript |
Watch on Senedd.tv |
The Finance Committee laid its report on 15 December 2025 (PDF 3.5MB).
Correspondence
>>>>
>>>Future
Generations Report 2025 recommendations response from Welsh Government- 3
November 2025
>>>Welsh Government Draft Budget 2026-27: Discussion with Welsh Youth Parliament Members- 16 October 2025
>>>Letter to the Llywydd and Chair of Business Committee: Welsh Government Draft Budget Timetable 2026-27 - 11 July 2025
>>>Letter from the Llywydd and Chair Of the Business Committee: Budget Timetable 2026-27 -10 July 2025
<<<
zzz
¬¬¬Legislation, Justice and Constitution Committee
Correspondence
>>>>
<<<
zzz
¬¬¬Health and Social Care Committee
>>>Health and Social Care Committee: Report on the Welsh Government Draft Budget 2026-27 (PDF 477KB) -15 December 2025.
<<<
Correspondence
zzz
¬¬¬Local Government and Housing Committee
>>>>
>>>Local Government and Housing Committee: Report on the Welsh Government Draft Budget 2026-27 (PDF 729KB)
<<<
Correspondence
zzz
¬¬¬Climate Change, Environment and Infrastructure
Committee
>>>>
>>>Climate Change, Environment, and Infrastructure Committee report: Scrutiny of the Welsh Government Draft Budget 2026-27 (PDF 514KB)
<<<
Correspondence
zzz
¬¬¬Children, Young People and Education Committee
>>>>
>>>Report of the Children, Young People and Education Committee: Welsh Government Draft Budget 2026/27 (PDF 274KB)
<<<
Welsh Government Committee papers’
>>>>
>>>Welsh Government Committee papers [Health] – 19 November 2025 (PDF 330KB)
>>>Welsh Government Committee Paper [Education] – 27 November 2025 (PDF 711KB)
<<<
Correspondence
>>>>
>>>Letter to the Chief Executive of Medr from the Chair of the Children, Young People and Education Committee – 10 December 2025 (PDF 99KB)
>>>Letter to the Chair of the Children, Young People and Education Committee from the Welsh Government – 9 December 2025 (PDF 197KB)
>>>Information from the Taith Programme - 2 December 2025 (PDF 113KB)
>>>Letter to the Chair of the Children, Young People and Education Committee from CollegesWales – 24 November 2025 (PDF 176KB)
<<<
zzz
¬¬¬Culture, Communications, Welsh Language, Sport, and
International Relations Committee
>>>>
<<<
Correspondence
zzz
¬¬¬Economy, Trade and Rural Affairs Committee
Report
The Committee published its report – Scrutiny of the Welsh Government's Draft Budget 2026-27 on 15 December 2025 (PDF 496KB).
Welsh Government evidence papers
>>>>
>>>Deputy First Minister and Cabinet Secretary for Climate Change and Rural Affairs (PDF 451KB)
>>>Cabinet Secretary for Economy, Energy and Planning (PDF 669KB)
>>>Minister for Culture, Skills and Social Partnership (PDF 465KB)
<<<<
Correspondence
>>>>
>>>Letter from the
Chair to the Cabinet Secretary for Economy, Energy and Planning - 20 August
2025 (PDF 241KB)
>>>Letter from the
Chair to the Deputy First Minister and Cabinet Secretary for Climate Change and
Rural Affairs - 20 August 2025 (PDF 241KB)
>>>Letter
from the Chair to the Minister for Culture, Skills and Social Partnership - 20
August 2025 (PDF 215KB)
<<<<
zzz
¬¬¬Equality and Social Justice Committee
>>>>
>>>Equality and Social Justice Committee: Report on the Welsh Government Draft Budget 2026-27 (PDF 477KB) -15 December 2025.
<<<
Correspondence
zzz
Business type: Budget Scrutiny
Reason considered: Senedd Business;
Status: For consideration
First published: 25/03/2025
Documents
- Hide the documents
- Letter to the Cabinet Secretary for Education and the Minister for Further and Higher Education from the Chair of the Children, Young People and Education Committee - 23 July 2025
PDF 196 KB - Llythyr at Ysgrifennydd y Cabinet dros Iechyd a Gofal Cymdeithasol, y Gweinidog Plant a Gofal Cymdeithasol a'r Gweinidog Iechyd Meddwl a Llesiant gan Gadeirydd y Pwyllgor Plant, Pobl Ifanc ac Addysg - 23 Gorffennaf 2025 PDF 195 KB
- 2025 10 31 - Letter to NHS Confed - October 2025 eng PDF 130 KB
- 2025 10 31 - Letter to WLGA - October 2025 eng PDF 131 KB
- WYP discussion - note of issues raised - 16 October 2025 FINAL-e PDF 102 KB
- Future Generations Report 2025 recommendations response from Welsh Government PDF 355 KB
- 25 08 07 Welsh Gov SIIA letter eng PDF 180 KB
Consultations
- Welsh Government Draft Budget 2026-27: Correspondence and supporting documents (running until )
- Welsh Government Draft Budget 2026-27 (completed)