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Written question asked by Lord Barnett (Labour), in the House of Lords. It was answered by Lord Sassoon (Conservative) on Monday, 20 December 2010.


Public Sector: Borrowing

Question
To ask Her Majesty’s Government, further to the Written Answer by Lord Sassoon on 8 December (WA 67), what was the actual public sector net borrowing in May 2010 as a percentage of gross domestic product compared to the previous forecast for 2009–10.
Answer

The Budget 2009 forecast for public sector net borrowing (PSNB) in 2009-10 was 12.4 per cent of gross domestic product (GDP). This was the last forecast for 2009-10 PSNB. Outturn for PSNB in 2009-10 was 11.1 per cent of GDP.


Secondary information

Type
Written question
Reference
5106; 723 c261WA
Session
2010-12
Related items
Spending Review 2010
Wednesday, 8 December 2010
Written questions
House of Lords
Subjects
Borrowing Public sector
Link
View this Written question on www.publications.parliament.uk