The funding, part of the Welsh Government's Supplementary Budget for 2026-27 that will be published on 23 June, includes £100m of revenue funding to reduce NHS waiting times.

A further £25m of capital funding will be invested in new surgical and diagnostic hubs, with plans to develop up to 10 over the next four years. Additionally, £20m of capital funding will also be spent on essential maintenance across the NHS estate.

First Minister Rhun ap Iorwerth said: ‘We are determined to ensure the NHS works for both patients and staff – and we are acting now. This additional funding sends a clear signal that tackling waiting lists is an urgent and immediate priority for this new Welsh Government.

‘But we are not content to just bring down waiting times in the short term – we want to keep them down, so that patients don't have to wait in pain or discomfort. By investing in new surgical and diagnostic hubs, which will transform specialist treatments, we are putting the infrastructure in place so that our NHS is fit to treat more patients now and into the future.'