“We mustn’t get complacent” – Plaid Cymru calls for additional economic powers

RESPONDING to the latest set of unemployment figures, Plaid Cymru’s Shadow Minister for the Economy, Helen Mary Jones MS said,

“An increase in unemployment figures while there is a furlough scheme in place is worrying, as the scheme surely masks the true picture.

“We mustn’t get complacent – the current devolution settlement cannot cope with the economic impact of Covid-19, and there is action that can be taken now to negotiate further powers. The Labour Welsh government’s reluctance to do so is incomprehensible.”

“A Plaid Cymru government would immediately secure the temporary lifting of the borrowing limit, so that we can borrow to invest our way to recovery. In the long term, a Plaid Cymru government would renegotiate the fiscal agreement so that we can begin to develop meaningful stimulus packages tailored specifically for the Welsh Economy.”