Public Borrowing (Hansard, 22 November 1994)

HC Deb 22 November 1994 vol 250 c71W 71W

§ Sir Thomas Arnold
To ask the Chancellor of the Exchequer what definition he currently uses for public borrowing.

§ Mr. Nelson
The Government's fiscal policy objective is expressed in terms of the public sector borrowing requirement. Forecasts of the PSBR are presented twice yearly, and outturns are published monthly.
The Government also look at other measures of fiscal stance, including the current balance and the general Government financial deficit, the measure which is used to compare budget deficits throughout the EU.