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Public Sector Investment

Volume 171: debated on Wednesday 25 April 1990

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To ask the Chancellor of the Exchequer if he will make a statement about changing guidelines on public sector investment criteria.

The Treasury issues guidance on investment appraisal by central Government, as do Departments for their own programmes. These documents are revised from time to time to reflect improvements in methodology, the objective in all cases being to achieve best value for money.