Part of 2. Questions to the Minister for Finance and Trefnydd – in the Senedd at 2:51 pm on 10 February 2021.
I don't need Plaid Cymru's encouragement to pursue that particular line with the UK Government vigorously, because it's something that we have been doing for some time. However, we have not yet had that clarification as to our request for flexibility, which will become much clearer to us as we move towards the supplementary estimates, which the UK Government will be publishing in due course. However, we have published our budget for 2021-22, and that shows that we do plan to borrow the maximum £150 million that is available to us within our annual limit. You'll see right across our budget for next year really ambitious plans. You'll have seen that even where we can't do everything that we would want to do within the powers that we have, we've created the mutual investment model in order to help us undertake those larger projects that simply would not be possible within our existing capital settlement and within the borrowing that we currently have. So, we've found innovative ways to address the issue that is being described.