HC Deb 06 July 1989 vol 156 c230W
51. Mrs. Gorman

To ask the Chancellor of the Exchequer if he will make a statement on the public sector debt repayment in 1988–89.

189. Mr. Latham

To ask the Chancellor of the Exchequer if he will make a statement on the public sector debt repayment in 1988–89.

Mr. Lilley

The public sector debt repayment in 1988–89 was £.14.4 billion, equivalent to 3 per cent. of GDP. This is the largest net repayment since records on a comparable basis have been kept. A net repayment of around £14 billion has been budgeted for in 1989–90, the third successive year of debt repayment.

63. Mr. Brandon-Bravo

To ask the Chancellor of the Exchequer how much of the public debt he estimates will have been repaid by the end of the financial year 1989–90.

115. Mr. Evennett

To ask the Chancellor of the Exchequer how much of the public debt will have been repaid by the end of the financial year 1989–90.

Mr. Lilley

It is estimated that roughly one sixth of the net public sector debt that has accumulated over several centuries will have been repaid in the three years to 1989–90.

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