Private Finance Initiative Contracts

Part of 1. Questions to the First Minister – in the Senedd at 2:11 pm on 29 January 2019.

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Photo of Mike Hedges Mike Hedges Labour 2:11, 29 January 2019

This is an issue I've raised regularly with the First Minister when he was Cabinet Secretary for Finance. I believe PFI schemes are expensive and a waste of public money, and are taking money out of revenue. Will the First Minister undertake a cost-benefit analysis for all of the schemes currently paid for by Assembly-funded public bodies in Wales, and then consider using invest-to-save to buy out those where it would be beneficial to do so, which I believe would probably be most of them?