Welsh Development Agency

HC Deb 17 February 1997 vol 290 cc414-5W

Mr. Morgan

To ask the Secretary of State for Wales, pursuant to his answer to the hon. Member for Caerphilly (Mr. Davies) of 3 February,Official Report, columns 517–18, what part of the additional expenditure under the (a) industry and (b) other sub-heads expenditure in (i) 1997–98 and (ii) 1998–99 will count towards the eligible expenditure of the Welsh Development Agency under its (1) approved and (2) proposed financial limits. [16198]

Mr. Hague

The planned additional expenditure that will count towards the eligible expenditure of the Welsh Development Agency shown in the table that I provided on 3 February 1997,Official Report, columns 517–18, is as follows:

	1997–98 £ million Cash prices	1998–99 £ million Cash prices
Industry	44.7	82.4

It is expected that there will be sufficient headroom for the 1997–98 provision to be accommodated within the current financial limit. However, the limit will need to be raised to accommodate the 1998–99 provision.