Thank you. This supplementary budget presents the Welsh Government's final spending plans for the current financial year. It revises the financing and expenditure plans approved by the Senedd in the second supplementary budget in November. It increases the overall Welsh resources by £2 billion. This is a further 8 per cent increase on the position set out in the second supplementary budget and reflects a total increase of more than 32 per cent on spending plans set at the beginning of the year. 

In this supplementary budget, Welsh Government fiscal spending plans have increased by £2.13 billion. This includes £318 million for the reconstruction package announced in October, along with key allocations that continue to support the Government's response to the impact of the coronavirus pandemic. A total of £660 million has been provided for business support through to the end of March. This includes £134.5 million of additional funding for the firebreak lockdown in October, an additional £5 million for the discretionary support fund, and £220 million targeted support for the ERF business restrictions fund, and sector-specific support. So, £12.2 million has been allocated for the cultural recovery fund to provide essential support to theatres, music venues, heritage sites, libraries, museums, galleries and independent cinemas, and includes the first freelancer fund in the UK. 

We have allocated £32 million to provide a £500 payment to support people who have been asked to self-isolate, or parents and carers of children who have been asked to self-isolate by test, trace and protect services, and £16.7 million to top up statutory sick pay for social care workers. Alongside our efforts on contact tracing and self-isolation support, we are delivering the biggest vaccination programme Wales has ever seen. To ensure the success of the programme, we have allocated £27 million for the deployment of vaccines, the majority of which will be provided to health boards. Sixty-nine million pounds has been provided for hardship support for higher and further education to support the many students who have faced upheaval due to the pandemic, and we continue to support local authorities with an additional £30.7 million for the council tax reduction scheme and loss of council tax.

In addition to these measures in response to the pandemic, some £825 million has been allocated in this supplementary budget to support other areas, such as £62 million for city and growth deals, providing £36 million to the Swansea bay city region deal, £16 million to the north Wales growth deal and £10 million for the Cardiff city deal. Thirty million pounds has been added to address the cost incurred in dealing with the recovery from the impact of flooding in February 2020, and for coal tip safety. A £270 million extension of the Wales flexible investment fund has been added, and £50 million to support local authority capital maintenance costs for schools.

I would like to thank the Finance Committee for their scrutiny of this third supplementary budget, and I will fully consider and respond to its six recommendations for the Welsh Government in due course, but I can say now that I am minded to accept them. I welcome the committee's recognition of the challenges faced this year regarding engagement and communication with the UK Government, both in respect of the need for clear, systematic changes to the funding process, and on specific issues such as infrastructure for Welsh ports and the lack of detail on the UK shared prosperity fund. I also acknowledge the committee's recommendation for continued transparency of Welsh Government spending in its annual outturn report, and my commitment to our agreed protocol that established this important element of our reporting framework.

I ask Members to support the motion.