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Economic renewal: a new direction

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Economic Renewal: a new direction sets out the role devolved government can play in providing the best conditions and framework to enable the private sector to grow and flourish.

In future government resources will be targeted at tackling wide systematic issues within the Welsh Economy - investing in infrastructure, skills and improving the conditions within which businesses operate.

Economic Renewal will see a fundamental shift away from direct and generic support for companies to a focus on creating the right environment for businesses to succeed.

The policy has been developed following extensive consultation with business, academia, trades unions and other key organisations and individuals.