HC Deb 20 December 1994 vol 251 cc1081-2W
Mr. Brazier

To ask the Chancellor of the Exchequer what projections he has made of public sector debt.

Mr. Nelson

The information is set out in the table. This corrects an error in table 4.3 of the "Financial Statement and Budget Report". The new figures do not alter the broad picture for the public debt forecast. The debt-to-GDP ratio is still expected to peak at end March 1996, and to decline thereafter, on both the net public sector and gross general government measures. The projections for the rest of the public finances, including the fiscal deficit, PSBR and central Government debt interest are unaffected. The new figures therefore have no bearing on the Budget statement.