Public Sector Borrowing Requirement

Mr. Morgan
To ask the Chancellor of the Exchequer what is his most up-to-date estimate of the public sector borrowing requirement in the current financial year.

Mr. Norman Lamont
[holding answer 19 July 1990]: The most up-to-date estimate of the public sector borrowing requirement in the current financial year is £6·5 billion, covering the outturn for April to June. The Budget forecast for the public sector borrowing requirement in 1990–91 as a whole is minus £6·9 billion, that is, a net repayment.