The Welsh Government has published its new Budget to help protect public services and the most vulnerable in the face of a “perfect storm of financial pressures”.
Announcing the Draft Budget for 2023-24, the Minister for Finance and Local Government Rebecca Evans said it has been one of the hardest since the start of devolution.
This year’s Draft Budget builds on the spending plans set out in the 3-year Budget published last year. Difficult decisions have been made to reprioritise funding from within Welsh Government budgets to maximise support for public services and for people and businesses most affected by the cost-of-living crisis and the recession.
The Draft Budget also allocates additional funding which came to Wales through the Autumn Statement.
An extra £165 million is being allocated for NHS Wales to help protect frontline services.
An additional £227 million is being provided to local government to help safeguard the services delivered by councils – including schools – as well as delivering the Real Living Wage in social care. This funding also contributes to the wider £460 million 2-year business support package, announced yesterday (12 December 2022).
For further information please select the following link Budget to “protect public services and the most vulnerable” | GOV.WALES