Public Sector Borrowing Requirement (Hansard, 30 July 1981)

HC Deb 30 July 1981 vol 9 c498W 498W

§ 20. Mr. Norman Atkinson
asked the Chancellor of the Exchequer if he is satisfied that the current Treasury projections confirming a rise in the public sector borrowing requirement for 1982–83 are in line with his current strategy.

§ Mr. Brittan
Treasury projections were published in the Financial Statement and Budget Report. They show, on the assumptions used in the PSBR, a fall in the public sector borrowing requirement from 4¼ per cent. of GDP this year to 3¼ per cent. in 1982–83, which is in line with the Government's strategy of achieving declining monetary growth at acceptable interest rates.