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Executive promises savings through efficiency and reform |
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Thursday, 28 June 2007 |
Every penny will count in the 2007 strategic spending review as Scotland prepares for a tight financial settlement, John Swinney told the Scottish Parliament today.
The Cabinet Secretary for Finance and Sustainable Growth outlined his
plans for the strategic spending review 2007 and published the
underspend figures for 2006-07.
Swinney said: "Today I was required to announce a £242m underspend in last year's Scottish budget.
"From this total, £135 million will be carried forward as EYF
underspend. These resources – part of the £1.5 billion of Scottish
money currently held at HM Treasury – will be used to deliver on the
new government's commitment to increase sustainable economic growth.
Swinney said that Scotland was now in a period of lower public spending
and that he did not expect the same levels of growth in funding in the
future.
"We will create a simpler, more efficient public sector and ensure
money is invested in frontline services. Savings will be made through
our efficiency and reform agenda and commitment to value for money.
"There will be difficult choices to make and good financial discipline
is required. It can be done. By re-focussing government and public
services we can create a more successful Scotland."
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Last Updated ( Thursday, 28 June 2007 )
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