Page last updated at 17:02 GMT, Monday, 31 October 2011

Capital funding delays stalling the economy

The constant delays in starting capital projects is having a negative impact on the Welsh economy according to Ieuan Wyn Jones AM on 31 October 2011.

Plaid Cymru's Finance Spokesperson argued that as the economy is in such a "dire state" it needs the capital projects.

Mr Jones also criticised the ministers in charge of health, education and transport for refusing to make important decisions.

When pushed, Finance Minister Jane Hutt stated that she was not aware of any conscious decisions by ministers to delay projects and put them on hold.

Conservative AM Paul Davies challenged the minister on the Welsh government's decision not to freeze council tax as his party's government had done in England.

Protecting jobs and ensuring economic growth is the priority in Wales, according to Ms Hutt, and an announcement on how the extra money will be spent will be made following discussions with the opposition party leaders.

Ms Hutt informed the committee that she had recent discussions with ministers from the UK government on financial issues, reform and infrastructure where she pressed the Welsh government's case for borrowing powers.

Read this in Welsh.

Finance Committee membership


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