The Senedd’s Economy Committee is warning that Wales is facing a significant reduction in funding, risks to job security, and that Corporate Joint Committees (CJCs) may not be able to deliver regional elements of a new Local Growth Fund (LGF).
The Committee has expressed deep disappointment that Wales will receive substantially less through the LGF than it received via previous economic development schemes.
The Committee recommends that the Welsh Government strongly considers alternative models for regional administration of the Fund before finalising the LGF delivery plan.
Read the full report on the Senedd Cymru – Welsh Parliament website: Senedd Committee challenges Welsh Government’s local growth fund approach
