Skip to main content

Regional Development Funding

Volume 328: debated on Wednesday 24 March 1999

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Minister of Agriculture, Fisheries and Food what was the total budget for the EAGGF South West Objective 5b Area for Devon and Cornwall; how much money has been received by the Government in respect of the fund; what is the actual amount spent; and what is the balance as yet unspent.[78372]

[holding answer 23 March 1999]: The total EAGGF allocation for the South West Objective 5b area is £30.14 million. Of this 89.5 per cent. has been committed to projects. £6.33 million has been spent by projects to date. The unspent balance is £23.81 million. Advances of EAGGF funds are paid when expenditure trigger points are reached. So far £1.94 million has been received and a further payment of 9.26 million euros (approximately £6.59 million) is being processed by the Commission.