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    Home » Welsh Government allocates £294m to key priorities in first supplementary budget
    Economy

    Welsh Government allocates £294m to key priorities in first supplementary budget

    Rhys GregoryBy Rhys GregoryJune 23, 2026No Comments
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    The Welsh Government today published its First Supplementary Budget, allocating £294m across its key priorities for the year ahead.

    Today’s budget confirms new funding of £20m to boost the supply of social housing, £40m to improve school buildings and £5m for community facilities that people across Wales rely on. It also includes £10m to keep bus and coach travel affordable for young people and increase services, £2m for the Cynnal child payment and £2m to give more children the chance to learn to swim.

    The Cabinet Minister for Finance, Elin Jones, said:

     “This Government was elected with a clear mandate and is delivering on it responsibly and at pace. This supplementary budget demonstrates that commitment – spending with purpose, with every pound working harder for Wales.

    “We have inherited significant pressures – in the NHS, in childcare, and across public services – and we are transparent about that.

    “This Supplementary Budget concentrates resources on our clearest priorities: cutting NHS waiting times, expanding childcare, extending free school meals, and easing cost-of-living pressures for families.”

    The budget builds on a series of announcements made last week. On 16 June, a £55m investment was confirmed to help hundreds more families access funded childcare for their two-year-olds.

    On 18 June, the Government confirmed a £145m boost for the NHS to help patients be seen more quickly, including £25m for new surgical and diagnostic hubs to speed up cancer and diagnostic tests and £20m for long-overdue maintenance in hospitals and surgeries.

    And on 22 June, £15m was announced so that more secondary school pupils from families on Universal Credit can receive free school meals, in time for the new term.

    Full breakdown of allocations:

    • £100m revenue – NHS waiting times and elective care
    • £25m capital – new surgical and diagnostic hubs
    •  £20m capital – NHS maintenance
    • £45m revenue / £10m capital – childcare (12.5 hours for two-year-olds)
    • £5m revenue / £10m capital – extended free school meals
    • £40m capital – schools maintenance
    • £20m – new social housing
    • £8m – Young Person’s bus fare
    • £2m – North–South coach travel
    •  £2m – Cynnal child payment
    • £2m – School swimming
    • £5m – Community Facilities Programme

    The Minister added:

    “This is about more than new funding, it’s about beginning to reshape how our public services work after 27 years of a previous government.

    “This new Government will ensure that every pound delivers better outcomes – better childcare, better healthcare and better public services for the people of Wales.”

    The Budget is published today and will be debated and voted on 14 July.

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