§ Mr. MacShaneTo ask the Chancellor of the Exchequer what is his estimate for the PSBR for the rest of 1996; and how this compares with projections in the 1995 Budget Red Book. [25358]
§ Mr. WaldegraveThe Budget forecast of the public sector borrowing requirement for 1996– was £22½ billion. The PSBR forecast will be updated in the Treasury's summer economic forecast.
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§ Mr. MacShaneTo ask the Chancellor of the Exchequer what is the expected percentage increase in the PSBR in the financial year 1996–97. [25357]
§ Mr. WaldegraveThe Budget forecast of the public sector borrowing requirement for 1996–97 was £22½ billion, a reduction of 23 per cent. compared with the forecast for 1995–96.