What is the Welsh Government doing to provide greater financial security for arms-length bodies, specifically the ability to plan beyond short term annual spending reviews?
Answered by Cabinet Minister for Finance | Answered on 03/09/2026
Despite facing an extremely challenging fiscal context, we are committed to providing greater medium-term financial certainty wherever possible to our arms-length bodies, to support effective planning and delivery of services. We will publish our Draft Budget on 17 November 2026, which will set out a multi-year budget aligned to the spending review settlement. This will provide a longer-term funding framework than has been given in recent years and will help public bodies to plan and prioritise activity over a multi-year period.