Questions Without Notice from Party Spokespeople

Part of 1. Questions to the Minister for Finance and Trefnydd – in the Senedd at 1:45 pm on 22 May 2019.

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Photo of Paul Davies Paul Davies Conservative 1:45, 22 May 2019

Well, Minister, surely the Economic Intelligence Wales unit will have a role to play on any future tax proposals, and therefore this unit is important to your portfolio as well. Effective economic intelligence is required to provide public policy makers with a proper foundation in order to ensure that policy measures taken by Government are targeted, impactful and properly understood. Ideally, this activity should be completed under one roof, and by an expert body. Wales has lacked this capacity for many years and it's still somewhat regrettable that it has taken so long for this capacity to finally now be put in place. However, the new Economic Intelligence Wales unit within the Development Bank of Wales will now be completing important work analysing the Welsh economy. As the Economic Intelligence Wales unit is so vital for tax policy, and therefore for your entire brief, Minister, could I please then ask you again what is the work plan of this unit going forward, and how do you anticipate this new unit impacting on your own proposals for tax in Wales for the future?