Mr. Alan WilliamsTo ask the Secretary of State for Wales how his expenditure on regional aid in each of the next three years will be divided between(a) regional selective assistance, (b) regional development grant, and (c) the Welsh Development Agency, at constant prices.
687W
§ Mr. Peter Walker[holding answer 15 February 1988]: Planned expenditure by my Department, as contained in the 1988 public expenditure White Paper and expressed at constant prices' is as follows:
£ 1988–89 1989–90 1990–91 Regional selective assistance 42.1 46.1 52.7 Regional development grants 58.3 37.2 23.8 Gross planned provision2 for the Welsh Development Agency on the same price basis, excluding 1.5 million per annum transferred to the Development Board for Rural Wales amounts to:
£ million 1988–89 103.7 1989–90 101.5 1990–91 101.2 Expenditure provision for 1989–90 and 1990–91 will of course be considered in the 1988 survey.
1 Cash figures adjusted for general inflation as measued by the GDP deflator at market prices (1986–87 base year).
2 A combination of the direct taxpayer contribution and the expected proceeds from rents, sales and services.