Question to the HM Treasury:

To ask Her Majesty’s Government what are the respective borrowing limits for the Scottish Parliament, Welsh Assembly and Northern Ireland Assembly.

The Northern Ireland Executive has a statutory borrowing limit of £3 billion for capital purposes as set out in the Northern Ireland (loans) Act 1975 and as amended by the Northern Ireland (Miscellaneous Provisions) Act 2006.

The Scotland Act 2012 permits the Scottish Government to borrow up to £2.2 billion for capital purposes and £500 million to cover shortfalls in cash receipts.

The Welsh Government may borrow up to £500 million to cover shortfalls in the Welsh Consolidated Fund as set out in the Government of Wales Act 2006. The Wales Act 2014 confers capital borrowing powers of up to £500 million on the Welsh Government which take effect from 2018-19.

The annual amounts that each Devolved Administration may borrow are agreed between the Treasury and the respective Devolved Administration.