Public Expenditure: Wales
The question
To ask the Chancellor of the Exchequer, what recent discussions she has had with the Welsh Government on updating the Welsh Fiscal Framework.
Answered by Darren Jones
The UK and Welsh Governments have regular discussions on the delivery funding arrangements, including the Fiscal Framework.
We remain committed to working in partnership with the Welsh Government to ensure the Fiscal Framework continues to deliver value for money while upholding our shared commitment to fiscal responsibility.
As set out in the Welsh Government Fiscal Framework agreed in 2016, a full review is triggered if the Welsh Government’s relative funding falls below 115% of equivalent UK Government spending per head in the rest of the UK.
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