Public Sector Debt

(asked on 11th October 2017) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what estimate he has made of the level of the public sector net debt by June 2022.


Answered by
Elizabeth Truss Portrait
Elizabeth Truss
This question was answered on 16th October 2017

The current official forecasts produced by the independent Office for Budget Responsibility extend up to the financial year 2021-22. They forecast that public sector net debt (PSND) at the end of 2021-22 will be 79.8% of GDP, or £1.9tn.

The Autumn Budget will include PSND forecasts for the financial year 2022-23.

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