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Public Sector Borrowing Requirement

Volume 168: debated on Wednesday 28 February 1990

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To ask the Chancellor of the Exchequer if he will publish a table showing, for each of the years since 1973–74, the public sector borrowing requirement or the PSDR expressed in 1989–90 prices.

Figures for the public sector borrowing requirement for 1973–74 onwards are given in the table expressed in cash terms and in 1989–90 prices.

Public sector borrowing requirement (PSBR)1
Cash £ billion1989–90 prices2
1973–744·321·9
1974–758·033·8
1975–7610·334·4
1976–778·324·5
1977–785·414·0
1978–799·221·6
1979–809·920·0
1980–8112·521·3
1981–828·613·4
1982–838·912·9
1983–849·713·4

Cash £ billion

1989–90 prices

2

1984–8510·113·3
1985–865·67·1
1986–873·64·3
1987–88-3·4-3·9
1988–89-14·5-15·5

1 A negative PSBR is a public sector debt repayment.

2 Cash figures converted to 1989–90 prices using the GDP deflator.