The Final Budget 2026-27 will provide £1.2bn more for people,
public services and businesses across Wales than in this
financial year.
It makes £400m of new allocations since the Draft Budget was
published in October.
This includes £300m of revenue funding for local government and
the NHS, secured through the budget agreement between the Welsh
Government and Plaid Cymru.
And a further £100m of revenue and capital funding, which will
support Welsh Government priorities, including bus services,
apprenticeships, further education, flood prevention, and the
maintenance of school buildings.
Every Welsh Government department will have at least the same
level of funding in real terms in 2026-27 as this financial year,
with an uplift for inflation and pay, to help protect frontline
services and safeguard jobs.
The Final Budget 2026-27 provides £27.5bn in 2026-27.
Key allocations include:
- £112.8m additional funding for local government, with all
councils receiving increases of 4% or above.
- £180m additional funding for the health and social care
budget, bringing the total revenue budget to more than £12.6bn.
- £116m package of support for businesses over two years to
help with the impact of the 2026 non-domestic rates revaluation.
Finance Secretary said:
“This Final Budget provides extra resources to support the
services Wales relies on. Every department has been protected
with at least the same funding in real terms as this year,
including extra funding for inflation and pay – recognising the
vital work of our public service workforce.
"By working across the Senedd, we are providing certainty and
stability for public services now, while ensuring the next Welsh
Government has the resources it needs to deliver its priorities
from day one."
The Final Budget debate and vote will take place in the Senedd on
27 January 2026.
Notes to editors
Timeline for the Welsh Government Budget 2026-27:
14 October 2025: Draft Budget Published (Stage 1)
- High-level allocations by Main Expenditure Group
(MEG) for each Welsh Government department.
3 November 2025: Detailed Draft Budget Published (Stage 2)
- Detailed Budget Expenditure Line (BEL) for
each department.
9 December 2025: Budget agreement with Plaid Cymru.
20 January 2026: Final Budget Published
27 January 2026: Final Budget Debate and Vote
Vote on tax motions.
Vote on local government settlement.
Final Budget 2026 to 2027 |
GOV.WALES
