§ Mr. Matthew BanksTo ask the Chancellor of the Exchequer if he will make a statement on the EU Budget Council meeting of 25 July. [3973]
§ Mr. OppenheimSir Stephen Wall, the United Kingdom permanent representative to the European Union, represented the United Kingdom at the Budget Council on 25 July. The Council considered the Commission's preliminary draft budget for 1997. The
Financial perspective ceilings1 Preliminary draft budget Budget council draft budget mecu £million mecu £ million mecu £ million Commitment appropriations 1. EAGGF guarantee 41,805 32,698 41,805 32,698 40,805 31,916 2. Structural operations 31,477 24,620 31,477 24,620 31,477 24,620 3. Internal policies 5,603 4,382 5,523 4,320 5,255 4,110 4. External action 5,622 4,397 5,528 4,324 5,310 4,153 5. Administration 4,352 3,404 4,369 3,418 4,245 3,320 6. Reserves 1,158 906 1,158 906 1,158 906 7. Compensation 212 166 212 166 212 166 Total: Commitment appropriations 90,229 70,574 90,072 70,452 88,461 69,191 Total: Payment appropriations 85,807 67,115 84,521 66,110 81,646 63,861 1Throughout this reply the rate of £1=1.2785 ecu has been used (the rate notified in the Official Journal as prevailing on the last working day of the last month (31 October)).