Help to Buy – Wales Shared Equity Scheme »This shared equity loan will make up the shortfall between the purchase price of a property and the funding available to buyers through their cash deposit and mortgage offer.Learn more »
“Autumn Statement has done little to change the challenging public finance outlook for Wales” – Jane Hutt
Wales’ Finance Minister Jane Hutt has responded to the UK Government’s Autumn Statement – saying that it has done little to change the challenging public finance outlook for Wales.
- New guidance on care and support for over 65s
- Independent report revealed at the Event Wales International Conference 2013 outlines positive impact of games and events for Wales
- “Autumn Statement has done little to change the challenging public finance outlook for Wales” – Jane Hutt
- Consultation on Regional engagement partnership structures in the tourism sector
- Implementation of Commission Directive 2013/45/EU concerning the change to the botanical name of tomato
- School term dates regulations
- Draft Statutory Instrument - Infant formula and follow-on formula (Wales) (Amendment) Regulations 2014
- Beyond 2011: Consultation on Census and future provision of population statistics in England and Wales
- M4 Corridor around Newport Consultation
Featured consultation »New guidance for the Risk Assessment of Walked Routes to School
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In this section
Section highlightThe Housing (Wales) Bill
The Bill will introduce significant improvements across the housing sector to ensure that people have access to a decent, affordable home and better housing-related services.
Legislative programme 2013 - 2014 »
The First Minister detailed the 8 bills in the Welsh Government’s 5-year Legislative Programme that will be brought forward during the 3rd year of the Welsh Assembly.Learn more »
Section highlightProject pipeline update - December 2013
This Wales Infrastructure Investment Plan annex highlights planned investments and potential procurement opportunities.
Final Budget 2014-15 »
The amount of funding allocated to Welsh Government Departments for 2014-15 is £14.9bn.Learn more »
- Statistics & Research
How does the budget process work?
Each year, the Welsh Government develops plans on how to spend its budget. A Draft Budget setting out the Government’s plans is laid before the National Assembly for Wales in the autumn, scrutinised by Committees and debated in Plenary. The plans are subsequently refined to take account of any technical changes or scrutiny responses and presented in a Final Budget, which is debated in Plenary prior to approval by the National Assembly for Wales.
If adjustments are needed during the financial year we use a Supplementary Budget, which follows a similar format and involves a scrutiny period.
The procedure for setting the Welsh budget is set out in Standing Orders, which are the rules that govern the running of the National Assembly for Wales.
What areas does the budget cover?
The Welsh Government’s budget funds some of our most vital public services, including hospitals, universities and colleges, roads, fire and ambulance services, and the large number of services, such as schools and social services, that are provided by councils.
The Welsh budget is organised by Main Expenditure Groups (MEGs), which broadly mirror Ministerial responsibilities. MEGs are further broken into Spending Programme Areas and Actions. Each level of the budget provides greater detail about the use of resources.
The MEGs are:
- Health and Social Services
- Local Government
- Communities and Tackling Poverty
- Economy, Science and Transport
- Education and Skills
- Natural Resources and Food
- Housing and Regeneration
- Culture and Sport
- Central Services and Administration.
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