Mark Drakeford MS, Cabinet Secretary for Finance and Welsh Language
Today, I have tabled the Welsh Government’s Final Budget for 2025-26.
The Final Budget 2025-26 builds on the spending plans set out in the Draft Budget 2025-26 tabled on 10 December 2024.
The Final Budget documents are available in Welsh and English on the Welsh Government’s website and include:
- Annual Budget Motion.
- Final Budget Explanatory Note
- Budget Expenditure Lines (BEL tables).
- Tables supporting Spending Plans.
The Office for Budget Responsibility has also updated their independent assessment of our tax proposals – Welsh Taxes Outlook, February 2025 update. A link to this document is provided alongside the Budget Documentation.
The Final Budget debate and vote will take place in the Senedd on 4 March.