Written question WQ100316
- Asked by
- Nick CarterPlaid
- To be answered by
- Cabinet Minister for Finance
- Tabled
- Due
- Answered
- Time to answer
- 9 days
Question
What is the Welsh Government doing to enable public sector organisations to carry over any funding underspend, in order to allow investment in subsequent financial years?
Answer
Answered by Cabinet Minister for Finance (Elin Jones)
The Welsh Government and its public sector organisations which fall within its budget boundary, such as NHS bodies and Welsh Government Sponsored Bodies, operate within a budgetary framework set by the UK Government. Budgets are set on an annual basis and there is limited scope for individual organisations to carry forward underspends into future years. Any underspends form part of the overall Welsh Government position and may be carried forward through the Wales Reserve, subject to fiscal framework rules.