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Oral question asked in the House of Lords, by Baroness O'Cathain (Conservative). It was answered by Lord Myners (Labour) on Thursday, 8 April 2010.

Government Borrowing

Question
To ask Her Majesty’s Government what is their estimate of government borrowing per capita in 2009-10.
Answer

My Lords, the Government publish estimates of public sector net borrowing in billion-pound units as a percentage of GDP. The Budget 2010 forecasts show that borrowing in 2009-10 is estimated at £1,067 billion or 11.8 per cent of GDP. The Fiscal Responsibility Act 2010 puts a legal obligation on the Government to halve the deficit over four years and have debt falling by 2015-16.

Secondary information

Type
Oral question
Reference
718 c1653 
Session
2009-10
Oral question type
Lead
Chamber / Committee
House of Lords chamber
Subjects
Borrowing Public sector
Link
View this Oral question on www.publications.parliament.uk