The Shared Prosperity Fund

Part of 1. Questions to the First Minister – in the Senedd at 1:35 pm on 26 April 2022.

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Photo of Mark Drakeford Mark Drakeford Labour 1:35, 26 April 2022

(Translated)

Well, of course, Llywydd, we are happy to explain how we've got to those figures, and we are happy to publish the figures too, because they are clear—they are clear—and there is no doubt whatsoever about these figures. We will lose £0.75 billion because of the system used by the UK Government to replace the structural funds. And we will lose £243 million from the funds that would have come to Wales from European Union programmes in the rural sphere too. So, we have the figures, we have that analysis and we're happy to publish it just to demonstrate what the UK Government have done in cutting the funding and what they said here, on the floor of the Assembly, which was an—