Thank you, Deputy Presiding Officer, and can I thank the Minister for his statement today and for the advance copy provided as well?

The Minister will be aware of the Economy, Infrastructure and Skills Committee's work on procurement and how that can play a part in the foundational economy. The committee is yet to make any recommendations or bring forward its report, but a key message that was coming through is that good practice doesn't seem to travel well in Wales. Given the range of activities supported across the different projects and the different timescales, outputs and outcomes, how does the Welsh Government intend to monitor and evaluate the wide range of projects in order to be able to come to a view on the ones that represent good practice and should be shared and scaled up?

In the past, Business Wales has focused on job targets and economic growth, so I wonder if you, Deputy Minister, would agree with me that the next focus of Business Wales should support companies in the foundational economy and that the next scheme should look to support companies to develop long-term business models in a broader range of issues such as productivity and turnover, as well as targeting those traditional measurements, as well, of GDP and employment levels. What other internationally recognised social, economic measurements will the Welsh Government use to measure well-being and monitor the success of specific projects?

I know that there's been a real challenge in small firms growing to medium sized, and a recent development bank report suggested that only a small number of medium-sized firms were growing. The Federation of Small Businesses's report on Wales, 'Wales' Missing Middle'—and you referred to the missing middle yourself in your statement today—also highlighted that Wales is dominated by those microbusinesses and multinational businesses. So, how will the Government's approach to the foundational economy address this, what I think is an anomaly, and help those small businesses grow?

How are you going to develop Welsh supply chains under your economic action plan to support the foundational economy when awarding grant funding to anchor companies to encourage inward investment? I wonder also, Deputy Minister, do you feel that the sectoral approach to the concept of a foundational economy provides adequate flexibility, building cross-sectoral alliances, ensuring that the concept of the foundational economy does not operate in different silos, but reflects the different economic necessities in different parts of Wales that will actually deliver those practical solutions and services that people want? I very much am someone who's a supporter of the foundational economy approach, so you'll have my support in that regard.

And my final question would be this: how should local procurement be defined, and how should local spend be monitored? And if you aren't in a position to be able to answer that question or offer that definition today, when do you think you'll be in a position to be able to do so?