Public Sector Borrowing Requirement

HC Deb 28 February 1990 vol 168 cc199-200W

Mr. Tim Smith

To ask the Chancellor of the Exchequer if he will publish a table showing, for each of the years since 1973–74, the public sector borrowing requirement or the PSDR expressed in 1989–90 prices.

Mr. Ryder

Figures for the public sector borrowing requirement for 1973–74 onwards are given in the table expressed in cash terms and in 1989–90 prices.

Public sector borrowing requirement (PSBR)1
	Cash £ billion	1989–90 prices2
1973–74	4.3	21.9
1974–75	8.0	33.8
1975–76	10.3	34.4
1976–77	8.3	24.5
1977–78	5.4	14.0
1978–79	9.2	21.6
1979–80	9.9	20.0
1980–81	12.5	21.3
1981–82	8.6	13.4
1982–83	8.9	12.9
1983–84	9.7	13.4

	Cash £ billion	1989–90 prices2
1984–85	10.1	13.3
1985–86	5.6	7.1
1986–87	3.6	4.3
1987–88	-3.4	-3.9
1988–89	-14.5	-15.5
1 A negative PSBR is a public sector debt repayment.
2 Cash figures converted to 1989–90 prices using the GDP deflator.