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
Librarians' tools
- Timestamp
- 2023-04-12 05:51:35 +0100
- URI
- http://data.parliament.uk/pimsdata/Hansard/PARLIAMENTARY_QUESTION_1489562
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