Meeting of the Parliament 06 February 2020
In order to continue our progress towards our commitment to provide £2 billion over 10 years to fund the national investment bank, in this year’s budget we have direct investment available of £220 million. That is in addition to the existing £150 million building Scotland fund. The bank, which enjoys cross-party support, will help to support and positively impact on Scotland’s economy through the provision of mission-based investment and will develop its own pipelines for investment to ensure that we are investing in the Scottish economy not just for next year but for generations to come.