HC Deb 20 January 1992 vol 202 c71W
17. Mr. Alan W. Williams

To ask the Secretary of State for Wales if he will make a statement on the prospects for the Welsh economy during 1992.

Mr. David Hunt

The essential ingredients for recovery are in place—we have low inflation rates, lower interest rates and rising real incomes. I am confident that the diversified nature of the Welsh economy, together with our success in attracting investment from both home and abroad, will ensure that Wales will emerge from the recession in a strong position.

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