Cabinet Secretary Kate Forbes delivered the budget speech on 9 December 2021, announcing details of the Scottish Budget for 2022 to 2023.
The Budget is aimed at accelerating Scotland's recovery from the Covid pandemic, tackling inequalities, and helping to transition the country towards a greener, more sustainable future. At least £2 billion has been dedicated to infrastructure initiatives to help create green jobs and fast track the transition to a net-zero economy.
After reading through the range of announcements and funding promises, FMB Scotland has identified two critical areas for FMB members:
- £831 million for affordable housing
This promise progresses the Scottish Government's commitment to delivering 110,000 affordable, energy-efficient homes by 2032.
- £336 million for energy efficiency and low carbon and renewable heat
The funds aim to cut emissions, make homes warmer, tackle fuel poverty, and create jobs across Scotland.
FMB Scotland will be looking out for further details on these key areas and other areas of the Scottish Budget 2022-23 that are likely to have an impact on FMB members.