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Development Agencies (Expenditure)

Volume 111: debated on Monday 23 February 1987

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asked the Secretary of State for Wales if he will list (a) the total expenditure of Mid Wales Development and the Welsh Development Agency for each financial year since their inception and their projected expenditure for 1987–88, 1988–89 and (b) the annual total of each of the above expenditures met by direct Government grants during the period in question; and if he will give these figures at outturn and current prices.

Welsh Development Agency and Development Board for Rural Wales Spending 1976–77 to 1987–88
£ million
1976–771977–781978–791979–801980–811981–821982–831983–841984–851985–86Latest estimated out·turn 1986–871Planned Expenditure 1987–88
WDA
Cash prices £m
Gross expenditure22·833·352·262·688·088·176·267·574·766·773·286·5
Public expenditure contribution9·423·438·548·465·676·956·444·341·133·336·346·3
1986–87 Prices2
Gross expenditure56·071·8101·6104·2123·6112·790·977·186·768·773·283·4
Public expenditure contribution23·150·475080·692·198·367·350·645·034·336·344·6
WDA Report and Accounts 1976–77 (15 months)
DBRW
Cash Prices £m
Gross expenditure4·67·29·26·78·49·69·511·712612·813·5
Public expenditure contribution4·26·48·45·96·4717·27·98·38·28·1
Housing subsidies1·31·41·61·61·81·81·91·82·01·92·0
1986–87 Prices3
Gross expenditure9·914·015·39·410·711·510·812·813·012·813·0
Public expenditure contribution9·112·513·98·28·28·58·38·78·68·27·8
Housing subsidies2·82·72·72·52·32·22·22·02·11·91·9
1 Provision for 1987–88 is subject to parliamentary approval of the supply estimates.
2 The Treasury's latest GDP deflator has been used, taking 1986–87 financial year as the base.
3 The DBRW gross expenditure figures exclude finance charges arising from repayment of National Loans' Fund advances. The public expenditure contribution includes grant in aid and advances to the DBRW from the national loans fund. It excludes housing subsidies, which are shown separately, and which are available to help defray repayments to the NLF falling to the board.
For the years 1988–1989 to 1989–1990 I refer the hon. Member to CM 56 II.