The Conservatives accused the government of failing to deliver following the announcement of the budget for 2013-14 on 2 October 2012.
The party's finance spokesperson Paul Davies AM asked Finance Minister Jane Hutt AM whether she was disappointed at the situation, given that last year's budget was also one for "jobs and growth".
Referring to the health service, Mr Davies said that "chaos and confusion" ruled in the government, that the "left hand did not know what the right hand was doing" having had to bail out local health boards to the tune of £12m.
Responding to the Conservatives' accusation, Ms Hutt claimed that "mismanagement" by the coalition government in Westminster was responsible for cuts to the Welsh budget.
Ms Hutt added that in Wales, there is more spending per head on the health service compared to England.
According to the minister, the budget will boost economic growth and create jobs.
The minister announced an additional £175m in capital investment over the next two years to support strategically important projects throughout Wales, claiming that this would create or support up to 3,000 jobs and boosting the number of affordable homes by over 800.
Ieuan Wyn Jones AM on behalf of Plaid Cymru said that "the reality is that the vast majority of that money is not going to be spent until 2014/2015".
"We want to see capital spending now," he said.
"Youth unemployment is happening now.
"The government has a responsibility to deal with that."
Peter Black AM said that the Liberal Democrats welcomed the £4.7m for the pupil deprivation grant, a key element of last autumn's
which meant the party supported the government, thereby ensuring it was passed.
However, Mr Black stated that "much more" money was needed towards the grant.