A new manifesto launched today by the accountancy body ICAEW urges the new Welsh Government after the 2016 elections to introduce a number of key measures to chart an ambitious course, beyond short-term growth with underlying structural problems, towards sustainable prosperity.
The manifesto calls on the next Welsh Government to:
• deliver investment, infrastructure and tax reform
• promote business support and skills
• support the economy through public services
• enhance scrutiny through Welsh constitutional reform
Speaking about the manifesto, ICAEW Chief Executive, Michael Izza said:
“Wales requires world-class infrastructure and a competitive tax system that attracts investment from around the world.
The Welsh Government needs to help Welsh businesses improve their competitiveness and productivity, which is underpinned by a world-class education and vocational system”.
Commenting on the publication’s launch, ICAEW Wales Director, Martin Warren said:
“This manifesto is the result of detailed discussions with our members from all parts of the country. Individuals who work in major private and public organisations as well as in accountancy practices supporting small businesses in every region of Wales.
“We know from our tracking of business confidence that there is ongoing uncertainty about the Welsh economy, which is why we believe workable ideas for developing our economic base needs to focus on a genuine partnership for growth.
“Growth can only be achieved through structural, financial and other changes including to how our public services are managed and how our politicians work”.