Public Sector Debt
(asked on 10th March 2020) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the level of public sector net debt by March 2022.
This question was answered on 13th March 2020
The government’s medium-term economic and fiscal forecasts are produced by the independent Office for Budget Responsibility (OBR).
The most recent Budget forecast was published on 11 March 2020. In this publication, the OBR’s forecast for the level of public sector net debt is £1827 billion in 2021-22, which is 75.0% as a share of GDP.
On 13 March 2020, the OBR are due to publish a supplementary forecast.