Net Cash Requirement

HC Deb 18 July 2002 vol 389 c466W

26. Mr. Gibb

To ask the Chancellor of the Exchequer if he will list the accounting principles underlying the net cash requirement. [68427]

Mr. Boateng

For those bodies classified by the Office for National Statistics to the appropriate sector in national accounts, the net cash requirement represents the sums borrowed by those bodies, in cash, from outside that sector, plus interest capitalising on certain of those borrowings. Full details of how the net cash requirement is measured and its relation to other measures of borrowing and debt are given in "Monthly statistics on public sector finances: a methodological guide" (No. 12 in the Government Statistical Service Methodology Series).