MSPs in call on investment plans

Dec 10 2012

The Scottish Government's emphasis on capital investment is welcome but more clarity is needed on the projects which will be supported, a Holyrood committee has said.

The Finance Committee has been investigating the 2013/14 draft budget over the past few months, scrutinising areas including capital investment, access to capital, housing, broadband, regeneration, skills and employment, non domestic rates income (NDRI) and public sector procurement.

Its findings have been published in its latest report.

The committee has backed plans to switch money from resource to capital but it has called for further information on the additional investment which will be provided in the capital budget, and how it will be spent.

Commenting on the evidence gathered by the committee, convener Ken Gibson said: "We welcome the Scottish Government's emphasis on maximising capital investment at a time of severe budgetary constraints.

"Nevertheless, we also believe there is a need for greater clarity, both in terms of additional investment provided and the capital projects supported.

"We also seek greater analysis of the link between the Scottish Government's spending priorities and outcomes.

"In particular, we would like a cost-benefit analysis of the contribution which the spending priorities make towards sustainable economic growth."

The committee has asked the Scottish Government to give consideration to more money for affordable housing, should extra funding become available, and to identify how to achieve Scotland's potential as a premium brand in food and drink.

It has also asked for consideration to be given to prioritising internet access across the country and for an update on any additional funding arising from the UK Government's welfare reform.