§ Mr. AllenTo ask the Chancellor of the Exchequer how much debt there is to be repaid after the Budget repayment is concluded.
§ Mr. LilleyThe 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.