Commonwealth Development Corporation

HC Deb 19 March 1999 vol 327 c823W

Mr. Streeter

To ask the Secretary of State for International Development if she will list what her Department's budget for the Commonwealth Development Corporation was or is for(a) 1997–98, (b) 1998–99 and (c) 1999–2000. [77624]

Clare Short

The relevant figures are as follows:

Voted in estimates
£ million
	Payments to CDC	Receipts from CDC	Net provision
1997–981	23.286	33.276	-9.900
1998–992	35.919	35.919	0
1999–20003	38.670	38.670	0
1outturn
2 estimated outturn
3budget

Non-voted budget figures score as part of my Department's public expenditure figures. These reflect changes in CDC's cash deposits between year ends, not the absolute amount of cash balance which CDC holds. (A negative figure means an increase in cash deposits over the year). Relevant figures for the period in question are £12.5 million, -£15.2 million, and zero respectively.