Earlier this week the Welsh Government’s Finance Minister, Jane Hutt AM, announced budget proposals for 2014/15 and 2015/16. 10 Oct 2013
Welsh Government’s budget proposals - a vote of confidence in the arts
As has been widely trailed, there are reductions across most areas of Government spending. The Arts are no exception. However, the Government has sought to offer some protection to its investment in the Arts in spite of continuing economic austerity.
From its current level of £33.760m, the Welsh Government’s revenue funding to the Arts Council is planned to reduce to £32.490m by 2015/16 – a cumulative reduction of £1.3m (or -3.9%). The greater part of this reduction (some 3.1%) is scheduled for 2014/15.
Arts Council of Wales Chair, Dai Smith, said:
"Funding reductions are never welcome. But under the circumstances, we are very pleased with this outcome and see it as an important signal of the Welsh Government’s commitment to the arts and their role in supporting wider Government policy. We thank the Welsh Government for this important vote of confidence in the creative value and potential of Wales’ artists and arts organisations. We look forward to demonstrating, through our partnerships across the arts in Wales, that this confidence is justified."