HC Deb 24 March 1969 vol 780 c225W
Mr. J. E. B. Hill

asked the Minister of Agriculture, Fisheries and Food what assessment has now been made of the extra financial resources for capital investment and on rising current account, respectively, which will be needed to sustain the Government's expansion programme announced on 12th November 1968 for increasing the import saving by British agriculture by £160 million a year by 1972–73.

Mr. Cledwyn Hughes

Resources needed for investment and current expenditure cannot be assessed in isolation from other considerations, including the size of the labour force, wage rates, technological change, the rate of growth of output and income. This is one of the reasons why we need to review every year the progress of the programme, the resources required and the market situation. In my announcement on 12th November, 1 said that we should do this at each of the four successive Annual Reviews during the period of the programme.