Public Sector Debt

(asked on 17th March 2026) - View Source

Question to the HM Treasury:

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.


Answered by
James Murray Portrait
James Murray
Chief Secretary to the Treasury
This question was answered on 23rd March 2026

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.

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