Part of 2. Questions to the Minister for Finance and Trefnydd – in the Senedd at 2:42 pm on 26 June 2019.
Thank you very much for the question. You'll recall that the funding that would have been earmarked for the M4, should the decision have been made to make the Orders, was up to £1 billion. But we have to remember that actually that £1 billion related to £150 million of borrowing that we're able to draw down on an annual basis up to a maximum of £1 billion. You'll have heard the Minister for Economy and Transport's recent statements—and the First Minister's statements—where he said that it will be the task group or the commission that is currently looking at ways in which to alleviate and address the transport and the congestion problems in and around the area of Newport that will have the first call on that funding.