11. Welsh Conservatives Debate: COVID and the economy

Part of the debate – in the Senedd on 24 June 2020.

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(Translated)

Amendment 1—Rebecca Evans

Delete points 3 and 4 and replace with:

Welcomes the Welsh Government’s £500m Economic Resilience Fund, part of a £1.7bn package of support for business in Wales in response to the pandemic, which is the most generous anywhere in the UK.

Notes that EU funding has helped the Welsh Government respond to the Covid-19 pandemic and further notes that without successor funding the Welsh Government will be unable to respond at this scale in any future crisis.

Notes the Centre for Towns report ‘Covid and our Towns’ and welcomes the cross-government measures the Welsh Government is taking through its Town Centre Action Group and ‘Transforming Towns’ agenda across Wales.

Recognises the important role that creative and dynamic town councils and Business Improvement Districts will play in helping town centres recover from the economic impact of Coronavirus.

Welcomes the experimental work being done through the Foundational Economy Challenge Fund to explore new ways of building resilience into towns and communities across Wales which can support our response to the covid pandemic.

Welcomes calls made by organisations including WLGA, FSB Cymru, Wales TUC, Institute for Fiscal Studies and Wales Governance Centre for the UK Government to urgently remove the fiscal restrictions that significantly limit the Welsh Government’s spending power to allow it to respond effectively to the pandemic.

Further calls on the UK Government to develop a significant economic stimulus package that can support the Welsh Government’s work towards a green and just recovery for towns and communities the length and breadth of Wales in light of the pandemic.