HC Deb 23 July 1998 vol 316 c650W
24. Dr. Lynne Jones

To ask the Chancellor of the Exchequer on what basis he has determined that a prudent level for public debt is less than 40 per cent. of gross domestic product. [50511]

Mr. Darling

As my right hon. Friend the Chancellor has explained to the House, the Government's policy on public debt combines prudence and stability in the public finances with investment and reform in public services.