Agenda and minutes

1.1 The Chair welcomed Members and members of the public to the meeting.

Alun Davies, Deputy Minister for Agriculture, Fisheries, Food and European Programmes

Jonathan Price, Chief Economist

Damien O'Brien, Chief Executive WEFO

2.1 The Chair welcomed Alun Davies, Deputy Minister for Agriculture, Fisheries, Food and European Programmes; Jonathan Price, Chief Economist; and Damien O’Brien, Chief Executive, WEFO.

2.2 The Committee scrutinised the Deputy Minister.

The Welsh Government agreed to provide:

·         Details on the training undertaken by WEFO staff to provide advice to project sponsors on procurement processes.

·         A note updating the Committee on the progress of negotiations between the Welsh Government and the European Commission to address legal and technical issues relating to the JESSICA funding stream.

·         More detail on forthcoming discussions with the Programme Monitoring Committee exploring the impact that rate of exchange could have on projects and how to manage potential risks.

FIN(4) 09-12 – Paper 1 – Additional evidence provided by Scottish Futures Trust – Devolved Funding

3.1 The Committee noted the additional evidence provided by Scottish Futures Trust.

3.2 The Committee ratified the Minutes of the previous meeting on 24 May 2012.

Items 5 and 6.

Items 5 and 6.

5.1 The Committee discussed the evidence received on its inquiry into the Effectiveness of European Structural Funding in Wales.

6.1 The Committee discussed the key evidence and emerging themes for its inquiry into Devolved Funding: Borrowing Powers and Innovative Approaches to Capital Funding.

View the meeting transcript.