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Public Investment

Volume 127: debated on Thursday 11 February 1988

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To ask the Chancellor of the Exchequer what is the level of public investment as a proportion of gross domestic product.

In 1987–88 public sector capital spending, as defined in table 2.10 of volume I of the 1988 public expenditure White Paper, is estimated to be about 5½ per cent. of gross domestic product.