WAQ73407 (e) Tabled on 26/04/2017

How has the Welsh Government analysed the performance of Invest to Save since the independent review of 2014?

Answered by Cabinet Secretary for Finance and Local Government | Answered on 09/05/2017

Building on the independent review of Invest to Save in 2014, we commissioned the Public Policy Institute for Wales to undertake a further review last year to explore how we could use the Fund more strategically to drive transformation and innovation across public services. As a result, I launched the new £5m Innovate to Save Fund in February which will operate alongside our successful Invest to Save fund. This new fund, which is unique partnership between the Welsh Government and Y Lab and working with the third sector, will allow us to bring forward a wider range of new and innovative ways of providing public services.