Welsh Government's £789m investment package approved by 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 Mark Drakeford 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.