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Rebecca Evans MS, Minister for Finance and Local Government

First published:
20 December 2021
Last updated:

Today, I published the Welsh Government’s Draft Budget proposals for 2022-2023, which sets out our plans for a stronger, fairer and a greener Wales. The Draft Budget sets out strategic spending plans for revenue and capital, taxation and borrowing; as well as detailed portfolio budget proposals 2022-2023 and indicative spending plans for 2023-2024 and 2024-2025.

I will make an Oral Statement on the Draft Budget in the Senedd Cymru on 11th January 2022.

The documents published today are all available on the Welsh Government website. 

  • Draft Budget proposals 
  • Draft Budget Narrative document, including the Strategic Integrated Impact Assessment and the Budget Improvement Plan
  • Budget Expenditure Lines
  • Tax Policy Report December 2021
  • Draft Budget 2022-23 - leaflet

The following documents, which are part of the suite of documents published today, are also available:

  • Chief Economist’s Report
  • Distributional Analysis of Devolved Public Spending in Wales
  • Welsh Taxes Outlook - Office for Budget Responsibility independent assessment of our tax proposal
  • Wales Infrastructure Investment Strategy and accompanying Infrastructure Finance Plan
  • A ready-reckoner to explain the impact of tax changes
  • Consultation on local variation of Land Transaction Tax for second homes and holiday lets
  • A hyperlink to the Office for Budget Responsibility’s report on its devolved tax forecasts for Wales.