McMillan Welcomes Budget for Economic Recovery
Stuart McMillan MSP (SNP) has today (Wednesday) welcomed the budget announcement from the Cabinet Secretary for Finance, John Swinney MSP, which indicated further support for students and colleges.
Alongside this, transport, housing, health and digital projects will receive new investment to help boost the economy.
The Finance Secretary confirmed during the final stage of the Budget Bill 2012-13 that additional capital spending of £382 million for 2012 -2015, supporting around 5,000 jobs, has been allocated to support Scotland’s economic growth.
The Scottish Government will also support students by investing an additional £19.5 million in our young people, through maintaining top-up funding for student support provided in 2011-12 and providing an additional £8 million next year to the Scottish Funding Council to help colleges play their part in delivering Opportunities for All commitments.
Mr McMillan MSP said:
"The Budget announcement from the SNP Government will help boost public sector capital investment, takes direct action to tackle unemployment, in particular youth unemployment and enhances economic security across the Scottish economy.
"I’m particularly pleased to see further investment in our young people to assist their future life chances. The additional £8m, next year, to the Scottish Funding Council will be a huge boost to further education institutions.
"This is a budget which aims to get Scotland moving forward through the creation of employment opportunities, investment in our young people and delivering further capital infrastructure projects. I’m sure this will be welcomed throughout West Scotland and beyond."
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