Part of 1. Questions to the Minister for Finance and Trefnydd – in the Senedd at 1:48 pm on 20 November 2019.
As I mentioned, to date Wales has drawn down 45 per cent of our EU funding for the RDP, and that compares to 42 per cent for the average across other member states. That really is a feature more of the way in which European funding works in terms of the profiling of those projects over a number of years, and the full spend has to be achieved three years after the closure of the programme. So the current period would be 2023, by which time we would have to have spent all of the money that has come to us. So that 42 per cent, or 45 per cent as it is now, doesn't suggest that there is a small amount of money that has been spent; it just reflects the spending profile of the particular programme.