HC Deb 18 February 1991 vol 186 c38W
13. Mr. Michael

To ask the Secretary of State for Wales what assessment he has made of the impact of the current recession on business and employment in Wales.

Mr. David Hunt

It is encouraging that the Government's policy of fighting inflation is working and although the economy of Wales, like the rest of the United Kingdom, is experiencing a difficult time at present, all the indications suggest that the medium to long-term prospects for the Welsh economy are as good as ever.