§ Mr. Teddy TaylorTo ask the Minister of Agriculture, Fisheries and Food what is the latest figure for the provision which has been made for expenditure relating to agriculture in the 1991 EEC Budget; and what was the estimate for 1990.
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§ Mr. CurryThe provisions for expendure relating to agriculture in the European Community's 1990 budget and 1991 draft budget are 30.3 billion ecu (£21.4 billion) and 33.4 billion ecu (£23.9 billion) respectively. In addition there is provision in each year for a monetary reserve of a further 1 billion ecu (£0.7 billion), which may be drawn on if unfavourable movements in the ecu : US dollar exchange rate cause an increase in expenditure on agricultural price support of more than 400 mecu (£286 million).