7. Debate: The Second Supplementary Budget 2017-18

Part of the debate – in the Senedd at 4:59 pm on 6 March 2018.

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Photo of Mark Drakeford Mark Drakeford Labour 4:59, 6 March 2018

(Translated)

Thank you, Deputy Presiding Officer. May I thank Simon Thomas for his contribution? I look forward to considering the conclusions in the Finance Committee report. I'm sure that there are things there that we can learn from, and I look forward to responding to that report.

I heard the comments of the committee Chair on financial transaction capital and capital more generally. We are trying to work creatively to use the funds provided to us through that avenue. I can tell Adam Price that we are working with Ministers in Scotland. I met with Derek Mackay before Christmas just to share ideas. They are facing the same problems as us in trying to use the funds approved through that method, as Mike Hedges explained when he was setting out the regulations applicable to that capital.