Mark Drakeford MS, Cabinet Secretary for Finance and Welsh Language
Today, the Welsh Government’s Detailed Draft Budget for 2026-27 is published. This Budget invests over £27bn in Wales - £22.3bn of resource funding, £3.6bn of capital funding and £1.2bn of non-domestic rates funding to local government. It provides more than £800m of additional funding to Welsh Government departments.
In setting these draft spending plans, Cabinet has built on the foundations of 2025-26 when the Welsh Budget received a considerable uplift in both resource and capital funding. These allocations have been carried forward and departmental allocations increased in line with forecast inflation in the first stage of the Draft Budget.
Each Cabinet Secretary has made decisions about how the inflationary uplift is being allocated within their own portfolios. The Detailed Draft Budget Report explains those decisions, and detailed tables showing each portfolio’s Budget Expenditure Lines (BEL) are also published today.
The Detailed Draft Budget documents are all available on the Welsh Government website.
- Detailed Draft Budget Report 2026-27
- Tables supporting spending plans
- Budget expenditure lines
The following supporting documents are also being published today:
- Strategic Integrated Impact Assessment – Interim Assessment
- Distributional Analysis of Devolved Public Spending in Wales 2026-2027
- Infrastructure Finance Plan 2026 to 2027
- Implementation costs of legislation
- Consultation on legislative proposals relating to the Welsh Tax Acts
- Gender Budgeting in Practice - Learning from Pilot Schemes in Wales (2019–2024)