§ Mrs. DunwoodyTo ask the Chancellor of the Exchequer (1) what the value is of the projected investment over the next five years by all those public enterprises and publicly owned companies whose investment programmes are not subject to PSBR restraint; [103907]
(2) if he will list the public enterprises and publicly-owned companies whose investment programmes are not subject to PSBR restraint. [103909]
§ Mr. Andrew SmithThe Public Sector Net Cash Requirement (PSNCR-formerly the Public Sector Borrowing Requirement) is a measure of the public sector's need to borrow cash from other sectors of the economy. The transactions of all public sector bodies, including enterprises and companies in the public sector, contribute to the PSNCR.
The PSNCR is not itself a control. Different budgetary controls are applied to different public enterprises according to their circumstances.
The investment plans of public corporations from 1993-94 to 2001-02 are set out in table 7.3 of "Public Expenditure Statistical Analyses 1999–2000" (Cm 4201).