Mr. J. Enoch Powell
asked the Chancellor of the Exchequer by what amount in 1982–83 the public sector borrowing requirement fell short of being fully funded by sales to the non-bank private sector.
§ Mr. Lawson
The latest estimate of the public sector borrowing requirement in 1982–83 is £9,001 million. Public sector debt sales to the non-bank private sector, including national savings, British Government securities, tax instruments, Treasury bills and other public sector debt, totalled £8,352 million, £649 million less than the borrowing requirement.