Public Sector Borrowing Requirment

HC Deb 24 November 1983 vol 49 c296W

Mr. Leigh

asked the Chancellor of the Exchequer if he will make a statement on the public sector borrowing requirement.

Mr. Peter Rees

The latest estimate for the public sector borrowing requirement in 1983–84 is £10 billion. Our objective is to achieve a continuing reduction in borrowing as a percentage of GDP over the medium term.