Part of 4. Questions to the Minister for Finance and Trefnydd – in the Senedd at 12:52 pm on 1 July 2020.
Diolch yn fawr iawn, Llywydd. Now, David Phillips, at the Institute for Fiscal Studies, has argued that the story of the fiscal response by devolved Governments during this pandemic will be one where the said Governments are hampered by limited reserves, constrained borrowing powers, as well as the funding coming to them from UK Government. Now, the Minister has indicated that she has been in discussions with UK Treasury regarding the relaxation of fiscal powers. Could she give us an update about when Welsh Government can expect to see some of that flexibility being introduced?