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Government Borrowing Requirement

Volume 978: debated on Monday 11 February 1980

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asked the Chancellor of the Exchequer whether he will circulate a table in the Official Report showing the general Government borrowing requirement for each year from 1964–65 together with the latest forecast for this and future years in terms of 1975 prices and as a percentage of the most relevant measure of national income or output.

The historic figures may be derived from the 1980 edition of the annual supplement of Economic Trends. The general Government borrowing requirement can be obtained from tables 146 and 147; gross domestic product at market prices from tables 10 and 11 and the gross domestic product at market prices deflator from tables 10, 11, 13 and 14.The forecast for 1979–80 in the Financial Statement and Budget Report was £9·8 billion but this excluded proceeds from special sales of assets. No forecast for future years are available.