, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Are there any significant ones that spring to mind?
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
And a final question on this element: you've made that money available to health and to education for those negotiations—where have you been able to move that money from? Which budget lines have been able—? Where have the underspends happened to be able to be…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Okay.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
So, you use it as a buffer type of situation. Okay.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
And those can be done very quickly at the end, in the last few days of the financial year. Pete.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
So, you've contingency-planned the 'what ifs' and you're confident that that will either be put back into the Welsh reserve or it will be made sure that we don't lose that money because of the time limits that we've got on being able to spend it.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Okay. And we're obviously hearing news that the Royal College of Nursing has rejected the current pay deal. What risks does that pose to there being an underspend on pay in the NHS and teaching staff? Obviously, it's very time sensitive between now and the…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
I assumed it was, but good to know. So, thanks for that. We've talked a little bit, and Mike asked the question, about reserves, and, in the supplementary budget, reserves are very limited. Is there any risk that any reserves or anything, any revenue, general…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Very small. Okay.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
And remind me: as a percentage figure, that would be less than—
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Whilst we're looking a little bit—. I know we've had the outturn report, and I know we're here to talk about the second supplementary budget, but there's one question that I had from the outturn report that we've seen. You've previously described the UK…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
How is the relationship these days? Obviously, we've had quite a few changes over the last—well, even the last six months. How is the relationship between yourself and your counterparts in the Treasury? Is that more constructive in these discussions, because…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Thank you. An interesting discussion there. Your narrative, it includes a reference to the budgetary impact of the UK supplementary estimates, which includes both positive revenue and negative capital consequentials. Were you informed of changes before these…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Okay.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
But you've got the overall funding, so are you able to look across Government and say, 'Well, actually, there is this funding that hasn't been allocated there', and are you able to move that around and has any of that happened at all?
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
So, based on that, then, the education Minister would then work with partners and work out either you're not going to build that school, or that you'll build that school down the line a bit further when money becomes available. So, in the different areas of…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Yes. Mike.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
So, is that the one that gave you the biggest headache of having to find that money, because of the inflationary pressure?
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
A warm welcome to you this morning. Thank you for all the documentation we've had on the second supplementary budget. We've got, as you'd imagine, a few questions to ask, and I'd like to start this morning by examining how the economic situation is impacting…
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
A warm welcome to you.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
Bore da.
, Finance Committee
Scrutiny of the Welsh Government Second Supplementary Budget 2022-23
So, we'll move on to item 3, and, for item 3, we've got the second supplementary budget and the scrutiny of that. It's lovely to see the Minister here, with her officials. Are you able to introduce yourselves and your roles, please? Diolch.
, Finance Committee
Papers to note
Yes, we'll pick up anything in there in private session later, so that's fine.
, Finance Committee
Papers to note
If we move on, then, to item 2, papers to note, we've got a fair few papers to note there. Are we happy to note them, or do we need to put anything on—? Yes, note them. Lovely. Diolch yn fawr.
, Finance Committee
Introductions, apologies, substitutions and declarations of interest
Good morning. A warm welcome to this meeting of the Finance Committee this morning, and a happy St David's Day to all of you. This meeting is being broadcast live on Senedd.tv and the Record of Proceedings will be available and will be published as usual. We…
