HC Deb 17 April 1989 vol 151 cc10-1W
Mr. Allen

To ask the Chancellor of the Exchequer how much debt there is to be repaid after the Budget repayment is concluded.

Mr. Lilley

The total of net public sector debt outstanding is forecast to be £157 billion (32 per cent. of GDP) at the end of 1988–89, a fall from £171 billion (38 per cent. of GDP) at the end of 1987–88.

On the assumption that the stock of debt falls by the £14 billion net debt repayment forecast for 1989–90, the outstanding stock of debt at the end of the year would be £143 billion.