Hansard

Public Sector Borrowing Requirement

Volume 111: debated on Thursday 26 February 1987

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33.

Mr. Kenneth Carlisle

asked the Chancellor of the Exchequer what is his latest estimate for the public sector borrowing requirement for the current financial year.

Mr. MacGregor

Both the 1986 "Financial Statement and Budget Report" and the "Autumn Statement" (Cm 14) envisaged a PSBR for 1986–87 of around £7 billion. It is now clear that the PSBR will undershoot this figure. A further estimate will be published next month in the "Financial Statement and Budget Report".