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Parliamentary debates and questions

S5W-02549: Jackie Baillie (Dumbarton)

Scottish Labour

Date lodged: 9 September 2016

To ask the Scottish Government how many jobs will be supported by the £100 million of funding it announced following the EU referendum, and what contribution this will make to economic growth in 2016-17, expressed as a percentage.

Answered by: Derek Mackay 20 September 2016

It is estimated that the capital stimulus package funding of £100 million will support around 800 full time equivalent Scottish jobs, with just over half of those in construction.

The impact on economic growth in 2016-17 will not be known until the projects being funded have been taken forward. However, it is anticipated that this investment will deliver a vital boost to the economy, helping retain skills and activity in key sectors as well as enhancing Scotland's asset base.