EU Grants and Loans: Wales

(asked on 14th December 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what proportion of the 2014 to 2020 Structural Funds and Rural Development Fund allocation for Wales was (a) committed before the Autumn Statement 2016 and (b) will be subject to the Government's guarantee for EU funding.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 19th December 2016

The UK Government will guarantee funding for structural and investment projects in Wales which are signed before we leave the EU. It will be for the Welsh Government to make an assessment of which projects should be pursued in areas of its competence within its MFF allocations in this period, and this guarantee will apply to any such projects.

The quantum of funding which will ultimately be covered under the terms of the guarantee will be subject to a number of factors, including the timing of exiting the EU, the outcome of the negotiations, progress on project implementation and the outcome of bids made directly to the Commission.

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