§ Lord Gray of Continasked Her Majesty's Government:
How the Wilton Park Executive Agency performed against the targets which were agreed for 1992–93 and whether targets have yet been agreed for the current year.
§ The Minister of State, Foreign and Commonwealth Office (Baroness Chalker of Wallasey)Wilton Park exceeded three of the four targets set for the 1992–93 financial year and only narrowly failed, by 1 per cent., to achieve the target for cost recovery. Commercial income was lower than expected as a result of the economic recession.
The Wilton Park Departmental Board met on 23rd April. We have agreed to the recommendation of the board that the following key targets be adopted for this financial year:
- —to increase overall income from £918,000 in 1992–93 to £959,000;
- —to increase cost recovery from 71.5 per cent. in 1992–93 to 72.05 per cent.;
- —to increase the overall number of Wilton Park conference participants from 957 in 1992–93 to 995;
- —to reduce the average cost to the FCO of each participant from £382 in 1992–93 to £374.