§ Mr. Malcolm BruceTo ask the Chancellor of the Exchequer what is his estiamte of the net government capital expenditure, less net sales of public sector assets, including privatised entities, for the fiscal years(a) 1993–94, (b) 1994–95, (c) 1995–96, (d) 1996–97 and (e) 1997–98. [28199]
§ Mr. Aitken[holding answer 14 June 1995]: The table gives public sector capital expenditure, net of depreciation and receipts from disposals of capital assets, for fiscal years 1993–94 to 1997–98.
£ million 1993–94 1994–95 1995–96 1996–97 1997–98 Net Capital Expenditure 11,668 12,934 11,404 11,277 10,663 Figures for receipts from privatisation are given in table 5.6 of the statistical supplement of the "Financial Statement and Budget Report" (Cm 2821). In addition, since its launch in 1992, the private finance initiative has harnessed an increasing amount of private sector finance. This increase is set to continue, leading to more and better infrastructure projects and improved services.