Part of 1. 1. Questions to the Cabinet Secretary for Finance and Local Government – in the Senedd at 1:44 pm on 7 June 2017.
Let’s look at the short to medium term, then. The Welsh Government signed recently, in January this year, a fiscal framework with the Westminster Government. Would it be the intention of the Welsh Government, if there was a change of Government at Westminster, to revisit that agreement and to renegotiate some aspects of it—for example, the population related revenue risk that is an element within that, the limit on current borrowing and the fact, of course, that the needs assessment with that fiscal framework is already out of date? So, could we have a commitment from the Welsh Government that there will be an immediate renegotiation of that fiscal framework if the political weather in Westminster changes?