The Shared Prosperity Fund

Part of 1. Questions to the Cabinet Secretary for Finance – in the Senedd at 1:33 pm on 16 May 2018.

Alert me about debates like this

Photo of Mark Drakeford Mark Drakeford Labour 1:33, 16 May 2018

(Translated)

I thank Siân Gwenllian for the questions, and I agreed with nearly everything she said, until the end there. I just want to be clear that I do agree with her; it is more than time for the UK Government to bring forward the suggestions that they have. And, when we see those suggestions, it’s important that the people of Wales hear from the people who tried to persuade them to leave the European Union, back during the referendum—to clarify, every penny that was received during our membership of the EU—that the money  must come to Wales in future, because the needs that we had continue to exist. It would be entirely unreasonable if the United Kingdom Government were to try to come forward with a new system where we would have to bid into a new fund. The best way, I am certain, is just to look at the funding that comes to Wales currently and then put that into the baseline that we have in our budget, and to give us the responsibility, as we already have, to administer the system in the future. I have already said this to the Chief Secretary to the Treasury, and I will continue to say this when opportunities arise in future.