Skip to main content

Borrowing Requirement

Volume 888: debated on Tuesday 18 March 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Chancellor of the Exchequer what is the United Kingdom's current public sector borrowing requirement as a percentage of gross domestic product compared with that in the other OECD countries.Mr. Joel Barnett,

pursuant to his reply [ Official Report, 17th March 1975], circulated the following answer:

Information is not readily available to make the comparison. Countries do not generally publish their forecasts for money GDP. and information about their borrowing requirements, where published, is not on a comparable basis with ours.