The Cabinet Minister for Finance () is a member of the cabinet in the Welsh Government, responsible for the management of the budget, tax and borrowing, oversight of financial accounting and audit, and oversight of any Private Finance Initiative, amongst others. Text was copied from this source, which is available under an Open Government Licence v3.0. Crown copyright. The current officeholder is Elin Jones since May 2026.
List of ministers
Name Portrait Term of office PartyTitle First Minister Edwina Hart 1999 – 2003 Welsh LabourSecretary for FinanceAlun MichaelRhodri Morgan Sue Essex 2003 – 3 May 2007 Welsh LabourMinister for Finance and Local Government Jane Hutt 25 May 2007 – 19 July 2007 Welsh LabourMinister for Budget and Business Management Andrew Davies 19 July 2007 – 9 December 2009 Welsh LabourMinister for Finance and Public Service Delivery Jane Hutt 9 December 2009 – May 2016 Welsh LabourMinister for Business and Budget (2009–11) Minister for Finance (2011–16) Carwyn Jones Mark Drakeford 19 May 2016 – 13 December 2018 Welsh LabourCabinet Secretary for Finance Rebecca Evans 13 December 2018 – 11 September 2024 Welsh LabourMinister for FinanceCabinet Secretary for Finance Mark DrakefordCabinet Secretary for FinanceVaughan Gething Mark Drakeford 11 September 2024 – 12 May 2026 Welsh Labour Cabinet Secretary for Finance and Welsh Language Eluned Morgan Elin Jones 13 May 2026 – Present Plaid Cymru Cabinet Minister for Finance Rhun ap Iorwerth (government)
Responsibilities These are the current responsibilities of the Finance post:
The Welsh Treasury The Welsh Revenue Authority Provision of strategic direction and management of the resources of the Welsh Government Taxation policy including Council Tax Reform, non-domestic rates, council tax reduction and the Sponsorship of the Valuation Office Agency services and the Valuation Tribunal for Wales Local Government finance policy including financial reform Visitor Levy Budget monitoring and management Strategic Investment Invest to Save Financial Accounting and audit In-year budget monitoring and management Operation and development of the devolved funding settlement and the Statement of Funding policy Relationship with HM Treasury and HM Revenue and Customs on all spending and tax matters Public Sector pay policy The strategic approach to the acquisition, maintenance and disposal of property and other assets Commercial and procurement matters for the Welsh public service Grants policy Co-ordination of work on the Common Frameworks Oversight of audit, inspection and regulation as they relate to public services
References