HC Deb 12 November 1984 vol 67 c119W
Mr. Barry Jones

asked the Secretary of State for Wales how much funding the Welsh Development Agency has received (a) in total and (b) annually since 1979; and what is the change in real terms of the amount of cash given to the Welsh Development Agency between 1979–80 and the stated budgets for 1984–85.

Mr. Nicholas Edwards

The Welsh Development Agency has received a total of £287.3 million in Government funds over the period 1979–80 to 1983–84 inclusive, made up as follows:

1979–80 47.6
1980–81 64.6
1981–82 76.0
1982–83 56.7
1983–84 42.4

Adjusting for general inflation as measured by the 1982–83 GDP deflator, the agency's Supply Estimates provision for 1984–85 amounts to £42.5 million compared with a similarly adjusted figure for 1979–80 of £66.2 million. The reduction in resources over the last few years essentially reflects the completion of the agency's major capital programmes in the steel closure areas.

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