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Written question asked by Wendy Morton (Conservative) on Tuesday, 17 March 2026, in the House of Commons. It was due for an answer on Monday, 23 March 2026 (named day). It was answered by James Murray (Labour) on Monday, 23 March 2026 on behalf of the Treasury.


Public Sector Debt

Question

To ask the Chancellor of the Exchequer, with reference to the Office for Budget Responsibility’s Economic and Fiscal Outlook published in March 2026, what the forecast level of public sector net debt as a proportion of GDP will be in each year of the forecast period; what the reasons are for the projected increase in debt; and what steps she is taking to reduce public debt.

Answer

This data is available at Table A.9: Fiscal aggregates in the March 2026 Economic and Fiscal Outlook published by the Office for Budget Responsibility (OBR).

The government’s fiscal plan brings down borrowing and debt, keeps the public finances on a sustainable path and supports the Bank of England to bring down inflation.


Secondary information

Type
Written question
Reference
121313
Session
2024-26
Subjects
Public sector debt
Contains statistics
Yes
Link
View this Written question on www.parliament.uk