HC Deb 31 March 1987 vol 113 cc485-6W
Sir David Price

asked the Chancellor of the Exchequer, following his Budget proposals and the Government's expenditure plans for 1987–88, what percentage of the gross domestic product will be represented by public expenditure, taxation and the public sector borrowing requirement, respectively, in 1987–88; and how these percentages compare with similar figures for 1978–79.

Mr. MacGregor

[pursuant to his reply, 30 March 1987, c. 394]: Following is the information:

Expenditure, Receipts and Borrowing as a percentage of Gross Domestic Product
1978–79 11987–88
General Government Expenditure 43.2 42.25
Taxes and National Insurance Contributions2 33.9 3.8
Public Sector Borrowing 5.3 1

Notes:

1 FSBR forecasts

2 General Government Taxes on Income, Expenditure and Capital plus National Insurance Contributions.