The Shared Prosperity Fund

Part of 2. Questions to the Counsel General and Minister for European Transition (in respect of his European Transition responsibilities) – in the Senedd at 2:41 pm on 3 March 2021.

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Photo of Mark Isherwood Mark Isherwood Conservative 2:41, 3 March 2021

[Inaudible.]—Treasury funding for the UK shared prosperity fund initially announced was only for pilot programmes, and it was made clear from the outset that ramped up funding would follow. As the Parliamentary Under-Secretary of State for Wales said in the House of Commons last month: 

'We have already made it very clear and demonstrated that the amount of money that is going to be spent in Wales when the SPF comes in will be identical to or higher than the amount of money that was spent in Wales that came from the European Union.'

He also stated in the Commons, on the record, that the UK Government

'will continue to engage with the Welsh Government as we develop the fund's investment framework for publication.'

What stage, therefore, has its engagement actually now reached? And given the news that the shared prosperity fund will also work directly with Welsh councils, which are understood to have welcomed this, what engagement are you having with them about this?