Welsh Development Agency (Hansard, 7 December 1989)

HC Deb 07 December 1989 vol 163 c357W 357W

§ Mr. Barry Jones
To ask the Secretary of State for Wales what is his assessment of the real terms increase in cash and as a percentage in the Welsh Development Agency budget for 1990–91 as against 1989–90; and if he will make a statement.

§ Mr. Peter Walker
The information is shown in the following table:

Gross provision On-year increase

1989–90 1990–91 cash per cent.

£m £m £m

Cash 130.4 150 19.6 15

1989–90 prices¹ 130.4 142.9 12.5 9.6

Note:

¹ Derived using latest GDP deflator.

The WDA's gross budget for 1990–91 is 76 per cent. more than the 1987–88 budget, an increase of 46 per cent. in real terms.

	Gross provision	On-year increase
	1989–90	1990–91	cash	per cent.
	£m	£m	£m
Cash	130.4	150	19.6	15
1989–90 prices¹	130.4	142.9	12.5	9.6
Note:
¹ Derived using latest GDP deflator.