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456940

registered interest
date	02/03/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Sector Debt
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what progress he is making on his plans to begin to reduce public sector net debt as a share of gross domestic product in 2016-17.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	29376
answer	answer is ministerial correction date of answer 07/03/2016 answer text <p>The latest Office for Budget Responsibility forecast published in November 2015 shows that the government is on track to reduce public sector net debt as a share of GDP in 2016-17. The government remains committed to continuing the job of returning the public finances to a more sustainable position. In a low inflationary environment, taking account for economic shocks, the most reliable way to bring debt down as a share of GDP is to run a surplus and maintain it in normal times.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 07/03/2016 15:35:14 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	1409 label Biography information for Mr Gregory Campbell

453662

registered interest
date	22/02/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Public Sector Debt
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether public sector net debt is forecast to fall in the next financial year.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	27604
answer	answer is ministerial correction date of answer 25/02/2016 answer text <p>The Office for Budget Responsibility (OBR) produce the forecast for public sector net debt. Based on the OBR’s November 2015 ‘Economic and fiscal outlook’, public sector net debt is expected to fall as a share of GDP in every year of the forecast period.</p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 25/02/2016 15:23:19 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	1409 label Biography information for Mr Gregory Campbell

385765

registered interest
date	25/06/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector Debt
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, with reference to the national debt, from which individuals or organisations has the money been borrowed; and to whom or to which organisations is the debt owed.
tabling member constituency	Caithness, Sutherland and Easter Ross
tabling member printed	Dr Paul Monaghan
uin	4358
answer	answer is ministerial correction date of answer 01/07/2015 answer text <p>The majority of government borrowing is financed through the issuance of UK government bonds known as ‘gilts’ by the Debt Management Office (DMO) and as such, the majority of the government’s debt is held in gilts.</p><p> </p><p>The Treasury does not hold detailed information on the holders of gilts. Information on sectoral holdings of gilts is published on a quarterly basis by the Office for National Statistics (ONS).</p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 01/07/2015 14:11:45 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4383 label Biography information for Dr Paul Monaghan

385766

registered interest
date	25/06/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector Debt
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, whether the gross value of sterling issued through the Government's quantitative easing initiation is included in calculations of the national debt.
tabling member constituency	Caithness, Sutherland and Easter Ross
tabling member printed	Dr Paul Monaghan
uin	4359
answer	answer is ministerial correction date of answer 01/07/2015 answer text <p>The gross value of the Bank of England’s quantitative easing, the Asset Purchase Facility (APF), is included in the calculation of Public Sector Net Debt as a liability on the Bank’s balance sheet.</p><p> </p><p> </p><p> </p><p>This inclusion of the APF is shown as part of Table 8D of the Public Sector Finances release jointly published by the independent Office for National Statistics and HM Treasury.</p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 01/07/2015 14:13:43 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4383 label Biography information for Dr Paul Monaghan

385767

registered interest
date	25/06/2015
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Public Sector Debt
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, on what basis the national debt is calculated.
tabling member constituency	Caithness, Sutherland and Easter Ross
tabling member printed	Dr Paul Monaghan
uin	4360
answer	answer is ministerial correction date of answer 02/07/2015 answer text <p>The monthly Public Sector Finances bulletin is published jointly by the independent Office for National Statistics and HM Treasury. The Public Sector Finances statistical release provides detail on how debt is calculated in Table 8A for Central Government and subsequent tables for the wider Public Sector as a whole.</p><p> </p> answering member constituency West Worcestershire answering member printed Harriett Baldwin question first answered 02/07/2015 15:31:21 answering member 4107 label Biography information for Dame Harriett Baldwin
tabling member	4383 label Biography information for Dr Paul Monaghan