Well, I can offer the Member two estimates. Had our budget simply remained the same, in real terms, today as it was nearly a decade ago, with no growth at all in the resources to us, we would have £1.1 billion more to invest in this budget than we see today. Had our budget simply grown in line with growth in the economy—something that every Government from 1945 to 2010 achieved, through all those years of Mrs Thatcher, where growth in public services never fell below growth in the economy as a whole, and growth in the economy has been sclerotic since 2010—I believe we would have somewhere between £3 billion and £4 billion more to invest in public services in Wales today than this budget is able to provide.

Llywydd, I want to briefly outline for Members those changes that the final budget has in it, compared to the draft budget I was able to lay in October of last year. The final budget of 19 December shows that, over and above the extra £230 million in 2018-19 and the £220 million beyond that in 2019-20, the NHS in Wales will have a further £100 million, £50 million in each year, to support the work of my colleague Vaughan Gething as he implements the recommendations of the parliamentary review, which have just been discussed here. The final budget also shows additional allocations of £20 million in 2018-19 and a further £40 million in 2019-20 to support local authorities in delivering the services on which we all rely. We are building on the £20 million for homelessness announced in the draft budget by providing an extra £10 million focused particularly on youth homelessness in 2019-20. A further £36 million has been allocated to portfolios in support of ‘Prosperity for All’ commitments, and Ministers are currently working through where this funding will make the most difference.

Throughout the scrutiny of the draft budget, Dirprwy Lywydd, Members have expressed concern about the impact of Brexit. The First Minister recently announced a £50 million European Union transition fund that builds further on the additional £5 million announced in the draft budget for Brexit preparedness as part of the budget agreement with Plaid Cymru. The final budget includes £10 million revenue funding over two years as an initial additional investment in this fund. The fund will run from April 2018 and we will work with partners to develop detailed programmes of support covering a range of interventions.

Llywydd, I will now turn to capital. I’ve been discussing the capital consequentials, including financial transactions, further with Ministers. I’ve also continued to discuss matters of mutual interest with Plaid Cymru. Today, I would like to set out some early decisions on immediate capital priorities that will be formalised in supplementary budgets. Thirty million pounds will be allocated this year in the second supplementary budget to the twenty-first century schools and education programme. That money will be used to support our shared ambition across different parts of this Chamber to create a million Welsh speakers by 2015. It means that an equivalent £30 million can be released from the programme in future years to support capital projects dedicated to supporting and growing the use of the Welsh language in education. Beyond that, and to accelerate the highly successful band B of the twenty-first century schools and education programme, I will allocate £75 million over the next three years in additional capital to the MEG of my colleague the Cabinet Secretary for Education for her to be able to take that programme even further and faster than otherwise would have been the case.

Seventy million pounds in additional capital goes to the NHS across 2018-19 and 2019-20 to allow the Cabinet Secretary for Health and Social Services to press ahead with his consideration of a range of clinical priorities, including the continued support for the new Velindre cancer centre and investment in neonatal services in both Glangwili and Singleton hospitals. Llywydd, in the autumn budget, we received £14.6 million for 2018-19 to 2020-21 for air quality. I’ve already allocated the additional revenue for air quality in the final budget. Today, I can say that we will use that £14.6 million as capital expenditure to assist the Cabinet Secretary with responsibility for this very important area here in Wales. I’m also discussing proposals for a road refurbishment scheme of up to £30 million with the Welsh Local Government Association, which will provide vital new investment in our local roads.

Llywydd, I will make further announcements alongside the publication of the new iteration of the Wales infrastructure investment plan later this spring. This will include funding, supporting 'Prosperity for All’, for the Valleys economic hub as a key part of the Valleys taskforce plan, something that has featured in discussions with Plaid Cymru. Llywydd, this final budget has the services that people in Wales rely upon at its heart. It provides extra investment in our health service and in local government. It takes head-on the challenges we face today in homelessness and in improving air quality. It creates new opportunities for the future by investing in education and in our economy. It does so through the careful and detailed management of our resources, by working with others to identify common ground, and always to pursue the progressive priorities that animate this Welsh Government. I commend it to the National Assembly this afternoon.