Part of the debate – in the Senedd at 3:56 pm on 23 February 2021.
I'd like to give a broad welcome to the economic resilience and reconstruction mission that the Minister has published today, and be grateful to him for his statement and for the advanced copy as always. The direction of travel echoes very much what Plaid Cymru has been saying, and the Minister is right to say that I'm sure there's broad support for the general direction across much of this Chamber, and I do look forward to studying in more detail, particularly with regard to the targets, what the Minister is setting out.
I think I need to begin to say, though, Dirprwy Lywydd, that I think we need to be a bit more ambitious. Now, we obviously need to be realistic about what we can achieve, but I think it's clear that the aftermath of the COVID crisis does give us an opportunity to do things differently, and I think we should be aiming for a prosperous, not just a more prosperous Wales; a green, not just a greener economy, because greener than what, with some of the challenges that we face in terms of decarbonisation; and an equal or a fair economy, not just more equal. I was struck by what the First Minister said earlier about not talking about building back better, but building back in a fair way. So, I think that just some of that language perhaps needs to be a little bit more ambitious.
I want to begin by asking the Minister a little bit more about the process for developing these ideas. He sets out a goal for a well-being economy, which we would very strongly support, as he knows. But I wonder if the Minister can tell us how the well-being goals within the future generations and well-being Act have been built into the design of this reconstruction mission and something about the process by which that was done, because that does, of course, involve asking people to do things in really quite a different way. If he can tell us a little bit more specifically about the involvement of business in the process, because, obviously, as the Minister himself has said, businesses will be absolutely key in delivering the building of this new economy, and I'm very much hoping to hear from the Minister—they've been there on the ground. If he can also say something about the role of local government in helping to design this mission—if we've learnt anything through this crisis, it's how important that local knowledge is in terms of delivering national priorities.
I'd like to turn, Dirprwy Lywydd, if I may, to targets, and I'm very pleased to say that there are some, and I want to spend some more time looking specifically at those, but I do have some initial thoughts. I was pleased to see that there are equality targets there, and there is a specific target around levelling the playing field between women and men. But I know that the Minister is very well aware that black people and people of colour have been really disproportionately affected by the impact of COVID, which, of course, has compounded long-standing inequalities in that regard in our economy. I hope that as this process goes on, the Minister will be able to work with those communities to develop some targets to help address those inequalities, and I'd also want to say that there have been some positives, of course, perhaps from the working-from-home agenda for disabled workers, and I'd also like to see some specific targets in there about how we can make sure that the gains are not lost, but that it also doesn't lead to disabled workers ending up being more isolated.
With regard to the poverty target, I wonder if the Minister can tell us why we're measuring ourselves against a UK median here. That seems singularly unambitious. We know the gap between the rich and poor across the UK is bad. I'm sure the Minister will probably agree with me that there's a real danger in the next couple of years that it gets worse, rather than better, given the approach in some ways of the UK Government. So, I wonder if the Minister can look at that again.
Now, with regard to productivity, I absolutely heard what the Minister said to Russell George, that we can't use productivity as a measure in isolation, but I hope the Minister would agree with me that the fact that people work very hard in Wales and that productivity stays low is not good for people's well-being. And I wonder if he will consider—I take what he says about a cross-cutting theme on productivity, but that would be true of some of the other areas where he has chosen to set targets—and whether he will consider looking at some specific productivity targets, perhaps in specific sectors.
Now, this will obviously be predominantly for the next Welsh Government to deliver, and we would want to see that Government being more ambitious, and I want to ask the Minister some questions about resourcing. If we're to make some of the major investments that we need to make to create the jobs that the Minister knows are going to be lost, we will need to borrow to invest. And I know the Welsh Government will ask the UK Government for permission to do that, but we need a plan B if that doesn't happen. So, can the Minister assure us today that he will use, if he is in Government after the election, all the Welsh Government's powers in full to borrow to invest? And will he have further discussions with local authorities to see what can be done to utilise their borrowing powers and for the Welsh Government to resource that borrowing? That is certainly something that a Plaid Cymru Government would do.
I wonder if the Minister can tell us, in driving this mission forward, whether there are things that he would be envisaging stopping doing. Because with some of the new plans, if we don't have masses of extra resources and there are elements of activity that are not delivering to these goals, will he examine what he needs to stop doing? And with regard to monitoring and evaluation, can the Minister say very specifically how the targets will be monitored? And one quite small, specific, but important point is how he would be envisaging compliance with the economic contract being monitored. We in Plaid Cymru strongly support the economic contract, but it becomes a piece of paper unless businesses are aware that there will be some form of monitoring of their compliance.
Finally, Deputy Presiding Officer, I just want to say that I regard this mission as a valuable step in the right direction, but we on these benches believe it is time for much more ambition. Perhaps we need a leap, rather than a step.