§ Mrs. LaitTo ask the Chancellor of the Exchequer what changes have been made to the(a) definition and (b) objectives of the public sector borrowing requirement since its inception; and what are the current objectives. [56659]
§ Mr. ByersThe definition of the public sector used for the public sector net cash requirement (formerly known as the public sector borrowing requirement) has always been consistent with the definition used in the national accounts prepared by the Office for National Statistics.
No changes have been made to the objectives of the public sector net cash requirement, which are to measure the cash needs of the whole public sector.