Written question WQ83978
- Asked by
- Andrew RT DaviesConservative
- To be answered by
- Minister for Finance and Local Government
- Tabled
- Due
- Answered
- Time to answer
- 6 days
Question
Will the Minister provide an update on whether the Welsh Government will use the mutual investment model to deliver any projects that are conceived as part of the co-operation agreement?
Answer
Answered by Minister for Finance and Local Government
The Welsh Government retains the Mutual Investment Model (MIM) as a funding option alongside other sources of capital funding.
Its use on any prospective projects linked to the Co-operation Agreement between the Welsh Government and Plaid Cymru, which came into effect on 1 December, will be dependent on a number of factors, including the suitability of such projects, the availability of traditional capital, financial transactions capital, capital borrowing limits and in due course, the integrated appraisal and assurance of any given proposition.