7. 7. Welsh Conservatives Debate: Borrowing and the Economy

Part of the debate – in the Senedd on 10 May 2017.

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(Translated)

Amendment 1—Jane Hutt

Delete all and replace with:

1. Notes that Wales and its economy will best be served by a UK Government that commits to investing fairly and sustainably in all parts of the country.

2. Regrets that as a result of current UK Government spending plans the Welsh Government’s revenue budget will be £1bn lower in real terms at the end of this decade than at the start and capital budgets will have been reduced by £200m.

3. Regrets the UK Government plans to cut an additional £3.5bn from its budget which could reduce Wales’ funding by a further £175m in 2019-20.

4. Notes the record of the Welsh Government in driving economic growth, with almost 150,000 jobs supported in the last Assembly term.

5. Welcomes the Welsh Government’s £7bn, four-year capital investment plans to support public infrastructure.

6. Notes the Welsh Government’s ambitious programme for government which sets out costed plans for:

a) an additional £100m of investment in Welsh schools;

b) a minimum of 100,000 all age apprenticeships;

c) a small business tax cut;

d) an £80m treatment fund;

e) a doubling of the residential care capital limit;

f) 30 hours of free childcare for working parents of three and four year olds, 48 weeks of the year.