HC Deb 17 April 1996 vol 275 cc500-1W
Mr. MacShane

To ask the Chancellor of the Exchequer what is his estimate for the PSBR for the rest of 1996; and how this compares with projections in the 1995 Budget Red Book. [25358]

Mr. Waldegrave

The Budget forecast of the public sector borrowing requirement for 1996– was £22½ billion. The PSBR forecast will be updated in the Treasury's summer economic forecast.

Mr. MacShane

To ask the Chancellor of the Exchequer what is the expected percentage increase in the PSBR in the financial year 1996–97. [25357]

Mr. Waldegrave

The Budget forecast of the public sector borrowing requirement for 1996–97 was £22½ billion, a reduction of 23 per cent. compared with the forecast for 1995–96.