§ Mr. Nicholas BrownTo ask the Minster of Agriculture, Fisheries and Food what is the budget forecast for the common agricultural policy in 1995; and what proportion of this fund will be allocated to the United Kingdom. [15796]
§ Mr. JackThe draft supplementary and amending CAP budget for 1995, the latest official forecast, has been set at 36,897 mecu or £29,283 million—1,047 mecu or £831 million below the guideline. It is set in relation to forecast expenditure throughout the Community, and not on the basis of allocations to individual member states. The level of UK CAP receipts will depend on a variety of factors, such as production levels, quantities exported, and purchases in and sales out of intervention storage. It is forecast at £2,873 million for the 1995–96 financial year.