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Treasury plans in Welsh government programme | |
(about 11 hours later) | |
Plans to set up a Welsh treasury are included in the Welsh government's law-making programme for the next year. | |
A Welsh treasury will administer the new tax and borrowing powers which are in the process of being devolved, First Minister Carwyn Jones told AMs. | |
He said the bill setting up the treasury would be historic, as it will be the first tax law assembly members have considered. | |
The taxes include control over stamp duty and landfill tax. | The taxes include control over stamp duty and landfill tax. |
Mr Jones said the last full legislative programme before the next assembly elections in 2016 would "make Wales an even better place in which to work and live". | |
Plaid Cymru leader Leanne Wood welcomed the creation of a treasury, and with it "extra economic levers needed for job creation". | |
But she argued the powers that were coming to Wales were limited and would not lead to a "government that is properly accountable". | |
Finance Minister Jane Hutt has said the Welsh government is unlikely to start collecting taxes before 2018. | |
Prime Minister David Cameron has said the new borrowing powers would help the Welsh government make improvements to the M4 which is a "foot on the windpipe of the Welsh economy". | |
The legislative programme will also include: | The legislative programme will also include: |
Among the laws passed so far by the current Welsh government include one introducing a system of presumed consent on organ donation, one standardising the eligibility for social services and one that allows health boards to plan their finances over a three year period. | Among the laws passed so far by the current Welsh government include one introducing a system of presumed consent on organ donation, one standardising the eligibility for social services and one that allows health boards to plan their finances over a three year period. |
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