Proceeding contribution from Andrea Leadsom (Conservative) in the House of Commons on Thursday, 23 June 2011. It occurred during Adjournment debate and Backbench debate on Private Finance Initiative.
Private Finance Initiative
I was coming to exactly that point. The point is that funding the project through a special purpose vehicle means that it is not consolidated into the national debt picture. In other words, it is an off-balance sheet form of financing. Therefore, for a Government who want to spend a lot of money on capital projects without blowing up their national debt picture, it is the perfect opportunity.
Secondary information
- Type
- Proceeding contribution
- Reference
- 530 c158WH
- Session
- 2010-12
- Chamber / Committee
- Westminster Hall
- Subjects
- Finance Private sector Public sector Public expenditure Private finance initiative Standards
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2023-12-15 22:47:13 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_752883
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