§ Sir Anthony Meyer
asked the Chancellor of the Exchequer whether he will make a statement on the outcome of the Budget Council held on 15 December.
§ Mr. Ridley
The Budget Council met on 15 December in Strasbourg where the European Parliament was considering the draft supplementary and amending budget No. 1 for 1982 and the draft budget for 1983. I represented the United Kingdom.
The Council prepared the way for an agreement with the Parliament on both these budgets. The outcome for 1982 was explained to the House today by my right hon. Friend, the Chancellor of the Exchequer when he reported the Finance Council held on 17 December.494W
The 1983 draft budget was amended by the Parliament so as to add 177 million ecu in commitments and 137 million ecu for payments of expenditure. The Council has agreed that it should be adopted accordingly.