Will the Minister set out how much money as on 1 January 2023: a) remains unspent from the rural development plan; b) remains unallocated from the RDP; and, c) how much money from the Minister's portfolio will be repaid to the EU as it is unspent?
Answered by Minister for Rural Affairs and North Wales, and Trefnydd | Answered on 18/01/2023
a) The Rural Development Programme spend to 31 December 2022 is £680m. The total value of the programme is £842m. Therefore £162m is unspent. Please note the sterling value of the programme is not fixed due to constant changes to the exchange rate.
b) The programme is over-committed, and we expect projects to deliver against their agreed objectives in line with Rural Development Programme 2014-2020 N+3 rules and timeframe.
c) None.