§ Mr. Deakinsasked the Minister of Agriculture, Fisheries and Food what are the main components of the European Economic Community budget expenditure on the common agricultural policy; how much in £ sterling was spent under each heading in the latest year for which figures are available; and what is the budgeted expenditure for the current year.
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§ Mr. Peter WalkerThe following table analyses expenditure on the common agricultural policy in 1981 and sets out the comparable budget appropriations for 1982:
£ million* 1981 expenditure 1982 budget appropiations Export refunds 2,750 2,657 Internal disposal subsidies 1,387 1,546 Public intervention buying 708 624 Private storage aids 308 417 Other guarantee section (including production subsidies and co-responsibilities levies) 918 1,325 Monetary compensatory amounts 133 216 Clearance of accounts -90 — Guarantee section total 6,114 6,785 Guidance section (policy on agricultural structures) 321 408 Grand total 6,435 7,193 Sources: 1981 outturn figures derived from EC Commission financial reports. 1982 budget figures derived from the draft EC supplementary and amending budget No. 1 but excluding appropriations carried over from 1981. * Conversion rates for £/ecu as follows: 1981 Guarantee: £1=1.80 (FEOGA report). 1982 Guidance: £1=1.81 (Eurostat). 1982 Guarantee: £1=1.82 (Commission budget rates). 1982 Guidance: £1=1.91 (Commission budget rates). Note:
Guarantee figures included expenditure on fish.