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Public Sector Debt

Volume 485: debated on Thursday 18 December 2008

To ask the Chancellor of the Exchequer what changes there have been in projections of (a) gross public debt on a Maastricht treaty basis and (b) net public debt since the pre-Budget report projections resulting from (i) the use of automatic stabilisers, (ii) policy changes announced in the pre-Budget report and (iii) other causes. (244984)

Projections for gross public debt on a Maastricht treaty basis and public sector net debt can be found in Table B10 in £ billion, and Table B11 as a percentage of GDP of the 2008 pre-Budget report.

The costs of policy changes announced in the 2008 pre-Budget report can be found in Table B5 in £ million. The effects of automatic stabilisers are shown in Chart 2.3 of the 2008 pre-Budget report.

In line with previous practice, the Chancellor of the Exchequer will provide an update on the public finances at Budget 2009.