Public Sector Debt Repayment

HC Deb 26 April 1990 vol 171 c312W

Mr. Campbell-Savours

To ask the Chancellor of the Exchequer what is his projection for the PSDR in the years 1990–91 and 1991–92.

Mr. Norman Lamont

The PSDR is forecast to be £6.9 billion in 1990–91. It is projected to fall to £3 billion in 1991–92 in line with the objective of a balanced budget in the medium term.