Part of 1. Questions to the Minister for Finance and Trefnydd – in the Senedd at 1:52 pm on 6 March 2019.
I would disagree with the characterisation of the way in which Welsh Government provides support for business, but this is an area that I've taken an interest in since coming into portfolio, and I'm exploring what more we might do in order to satisfy ourselves when grants are being made and, indeed, when business loans are being made, that we can be sure that we're investing in the right company and taking the right level of risk with those companies.
So, one thing that we could, potentially, be looking to ensure is that we have named officials dealing with specific projects, who Ministers can meet with regularly in order to oversee those loans. I do have to say that there is a huge structure of auditing already in place within Welsh Government in terms of ensuring the correct and good investment of the money that we invest.