§ Mr. Barry Jones
To ask the Secretary of State for Wales what is his assessment of the real terms increase in cash and as a percentage in the Welsh Development Agency budget for 1990–91 as against 1989–90; and if he will make a statement.
§ Mr. Peter Walker
The information is shown in the following table:
Gross provision On-year increase 1989–90 1990–91 cash per cent. £m £m £m Cash 130.4 150 19.6 15 1989–90 prices1 130.4 142.9 12.5 9.6 Note: 1 Derived using latest GDP deflator.
The WDA's gross budget for 1990–91 is 76 per cent. more than the 1987–88 budget, an increase of 46 per cent. in real terms.