Cwestiwn ysgrifenedig WQ91136
- Gofynnwyd gan
- Andrew RT DaviesCeidwadwyr
- I'w ateb gan
- Minister for Finance and Local Government
- Cyflwynwyd
- Dyddiad ateb
- Atebwyd
- Amser i'w ateb
- 5 diwrnod
Cwestiwn
Mae'r cwestiwn a'r ateb yn Saesneg gan nad oes fersiwn Gymraeg ar gael.
Does the Welsh Government support local authorities to invest in and purchase local businesses to generate additional revenue?
Ateb
Atebwyd gan Minister for Finance and Local Government
Investment or purchase of local businesses by Local Authorities should follow the CIPFA Prudential Code for capital finance in local authorities. This framework supports local strategic planning and asset management, to ensure that capital investment plans of local authorities are affordable, prudent and sustainable.