§ Mr. SimpsonTo ask the Secretary of State for Defence what percentage of his Department's budget is allocated to initiatives which have been undertaken to secure private finance for his Department's projects. [22783]
§ Mr. FreemanIt is expected that about £730,000, which represents 0.0034 per cent. of the defence budget,528W for 1995–96 will be spent by the Department's private finance unit in direct support for the private finance initiative. This does not include costs incurred in support of projects where the possibility of private finance is being explored, or the costs of the projects themselves.