Welsh Government faces difficult budgetary trade-offs and uncertain times

Given the plans and forecasts set out in the UK government’s March 2016 budget, the Welsh Government’s budget could be cut by 3.2% in real terms over the next three years, with cuts largest in 2018-19 and 2019–20. If the Welsh Government chooses to protect the NHS budget in the same way as the English NHS budget then other spending would face cuts averaging 7.4% in real terms.

These are among the main findings of a new report by researchers at the Institute for Fiscal Studies, published as part of the Wales Public Services 2025 programme, hosted at Cardiff Business School.

Read the full report here.

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