Finance statement: capital allocations

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Finance Minister Jane Hutt announced the government's spending plans for £76.5m on 7 May 2013.

The government has chosen to concentrate on supporting the construction sector specifically, contributing £30m to increase the housing supply, targeting investment in providing housing for individuals and families that may be adversely affected as a result of the UK Government's reductions in housing benefit and expand the pilot of the Houses into Homes initiative to bring empty homes in Wales back into use.

Builders will also be encouraged by a £25m package of investment to build more schools under the 21st Century Schools Programme.

The minister also announced £11.5m for a railway and station in Ebbw Vale town centre, as an initial element of a wider programme to create a more integrated transport network in South East Wales and support the City Region strategy.

£10m has also been made available to the flood and coastal risk management programme, to protect homes.

Liberal Democrat Peter Black and Plaid Cymru's Jocelyn Davies both welcomed the announcement but were concerned at the lack of detail.

Darllenwch hwn yn Gymraeg

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