The Welsh Government's Second Supplementary Budget 2024-25 has
today been approved by the Senedd.
The £789m funding package, which was published in February,
received final approval today. It includes substantial
investments which have been delivered throughout the year,
including:
- £264m for public sector pay rises announced in September.
- £108m for NHS improvements, including £50m to reduce the
longest waiting times by the end of March 2025.
- £63.5m to improve school standards and support education at
all levels.
- £53.5m for school and college infrastructure repairs and
digital improvements.
- £10m to increase social housing through the Social Housing
Grant.
Finance Secretary said: “We welcome the
Senedd's approval of this crucial budget. This investment
strengthens the services that matter most to the people of Wales.
The extra funding is supporting improvements in the NHS and
schools; has provided pay increases for public sector workers and
is helping to build more affordable homes for Welsh families.”
The Second Supplementary Budget also includes £166.7m for rail
improvements and sustainable travel, £33.5m for road network
safety, and £10m in emergency support for local authorities to
repair damage caused by the winter storms.
The budget provides the essential foundation for the Welsh
Government's financial planning for 2025-26.
