HC Deb 08 March 2001 vol 364 c337W
12. Mr. Simon Thomas

To ask the Minister of Agriculture, Fisheries and Food if he will make a statement on agrimonetary compensation. [151397]

Ms Quin

Last week this Government announced that they intend to draw down £171 million in agrimonetary compensation for the beef, sheep and dairy sectors, including all of the £156 million in optional compensation. These funds have become available as a result of movements in the euro/sterling exchange rate during 2000.

Mr. Yeo

To ask the Minister of Agriculture, Fisheries and Food how much agrimonetary compensation was provided in each year since 1997 for each sector; and, for each figure, how much was funded by(a) Her Majesty's Treasury and (b) the EU. [150334]

Mr. Nick Brown

[holding answer 13 February 2001]: The figures are set out in the table . The 2001 figures include the compensation announced on 27 February which is subject to Commission approval.

£million
Year eligible
1997 1998 1999 2000 2001 Total
Beef
EU1 72.5 48 62 44 46 272.5
UK — — — — 21 21
Total 72.5 48 62 44 67 293.5
Sheep
EU1 12.5 — 32 32 22.5 99.0
UK — — — — 2.5 2.5
Total 12.5 — 32 32 25 101.5
Arable
EU1 — — 170 74 28 272
UK — — — 17 — 17
Total — — 170 91 28 289
Dairy
EU1 — — — 11 39.5 50.5
UK — — — 11 39.5 50.5
Total — — — 22 79 101
All sectors
EU1 85 48 264 161 136 694
UK — — — 28 63 91
Total 85 48 264 189 199 785
1 EU figures include UK Exchequer contribution of around 71 per cent.

Note:

Agrimonetary compensation paid/to be paid.