Welsh Government Draft Budget 2021-22

Welsh Government Draft Budget 2021-22

Welsh Government Budget 2021-22: Explore the Draft Budget with our interactive visualisation

Published 08/01/2021   |   Last Updated 08/01/2021   |   Reading Time minutes

The 2021-22 Budget sets out the Welsh Government's spending plans for the next financial year. It outlines how much money is proposed to be allocated to its departments and agencies. The 2021-22 Draft Budget was published on 21 December 2020.

Explore the Draft Budget with our interactive visualisation

Headline figures from the Draft Budget 2021-22, showing cash changes from the Final Budget 2020-21

Infographic showing the TME (£21,099m) is composed of revenue DEL (£16,450m), capital DEL (£2,403m) and AME (£2,246m). The TME has increased by 5% (£1,008m) compared to the 2020-21 Final Budget.

Total Managed Expenditure (TME): The total amount that the Government has to spend.

Departmental Expenditure Limit (DEL): This is the discretionary element of the budget, where the Government budget is allocated to, and spent by Government departments and agencies.

Annually Managed Expenditure (AME): Non-discretionary spend on demand-led programmes such as the issue of student loans.

*Restated to enable comparison and including £231m direct payments farm subsidies, but excludes subsequent 2020-21 COVID and other allocations.

**Excludes £1.1bn non-domestic rates income.

Figures are rounded, please refer to the Welsh Government Draft Budget 2020-21 for exact figures.

 

Further information

Read our article: The Welsh Government’s spending plans for 2021-22- what’s ahead?

Welsh Government Budget pages

Senedd Research – Financial Scrutiny Unit

 

Article by Joe Wilkes and Martin Jennings, Senedd Research, Welsh Parliament