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Oral question asked in the House of Commons, by David Heathcoat-Amory (Conservative). It was answered by Ian Pearson (Labour) on Tuesday, 2 February 2010 on behalf of the Treasury.


Public Sector Debt

Question
What estimate he has made of the peak amount of future public sector debt; and when he expects that peak to be reached.
Answer

As set out in the pre-Budget report, public sector net debt is forecast to peak at 77.7 per cent. of GDP in 2014-15. Projections beyond that are consistent with debt falling as a share of GDP in 2015-16. Although the UK's public debt is rising in response to the recent shocks, it will remain in line with that of other advanced economies.


Secondary information

Type
Oral question
Reference
505 c159 
314438 
Session
2009-10
Oral question type
Lead
Chamber / Committee
House of Commons chamber
Subjects
Public finance Public sector debt
Link
View this Oral question on www.publications.parliament.uk