Policy paper

Joint statement on funding reform

The UK government and Welsh government have jointly agreed the next steps on devolved funding, borrowing powers and wider reform.

• From: Office of the Secretary of State for Wales
• Published: 25 October 2012

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Documents

Joint statement on funding reform

PDF, 71.7 KB, 2 pages

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Details

Both governments agree that any borrowing powers should operate within the UK Government’s responsibility for delivering its fiscal mandate.

Published 25 October 2012