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Written question asked by Ed Balls (Labour) on Tuesday, 18 October 2011, in the House of Commons. It was due for an answer on Friday, 21 October 2011. It was answered by David Gauke (Conservative) on Friday, 21 October 2011 on behalf of the Treasury.


Public Sector Finance

Question
To ask the Chancellor of the Exchequer (1) how illiquid assets purchased by the Government are assessed against his fiscal mandates;
Answer

The fiscal mandate and the supplementary target are assessed against aggregates from the Public Sector Finances. ONS have published an article which sets out the accounting principles for liquid and illiquid assets in the public Sector Finances in an article The Public Sector Balance Sheet which is available on their website at:"http://www.ons.gov.uk/ons/rel/elmr/economic-and-labour-market-review/no--7july-2009/the-public-sector-balance-sheet.pdf"


Secondary information

Type
Written question
Reference
76174; 533 c1200W
Session
2010-12
Subjects
Banks Finance
Link
View this Written question on www.publications.parliament.uk