§ Mr. William RossTo ask the Chancellor of the Exchequer if he will publish a table to show the public sector borrowing requirement in actual figures, and as a percentage of gross domestic product for each of the years 1978–79 until the latest available year indicating for each year the projections given in the autumn statements, the Budget and the actual outturn.
§ Mr. MaplesThe figures requested are shown in the table.
369W
PSBR Forecast made in Outturn preceding budget autumn statement £ billion Per cent. of GDP £ billion Per cent. of GDP £ billion Per cent. of GDP 1978.79 8.5 5¼ 7.9 4¾ 9.2 5.4 1979–80 18.3 4¼ 8.2 3n.s. 9.8 4.8 1980.81 8.5 3¾ 11.5 5 13.0 5.6 1981–82 10.6 4¼ 10.4 4 8.8 3.4 1982–83 9.5 3½ 9.0 3¼ 9.2 3.3 21983–84 8.2 2¾ 10.2 3¼ 10.0 3.3 1984–85 7.2 2¼ 8.5 2½ 10.1 3.1 1985–86 7.1 2 8.0 2¼ 5.6 1.6 1986–87 7.1 1¾ 7.1 1¾ 3.6 0.9 1987–88 3.9 l 1.0 ¼ -3.4 -0.8 1988–89 -3.2 -¾ -9.8 -2 -14.7 -3.1 1989–90 -13.8 -2¾ -12.6 -2½ -7.9 1.6 1990–91 -6.9 -1¼ -3.0 -½ -0.5 -0.1 1June 1979 Budget 2Data for the outturn and forecast up to and including 1983–84 are based on a definition of the PSBR which treats bank deposits and other liquid assets of the public sector as contributing to rather than financing the PSBR. 3Not stated in the Industry Act forecast.