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1131609

registered interest
date	12/06/2019
answering body	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 the Chancellor of the Exchequer, what the public sector net debt was in May 2017; and what estimate he has made of level of that debt by May 2022.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	263742
answer	answer is ministerial correction date of answer 17/06/2019 answer text <p>In May 2017 public sector net debt was 85% of GDP.</p><p>Forecasts for the level of debt are produced by the independent Office for Budget Responsibility. The OBR forecast debt levels at the end of March in each year, and do not provide an estimate of the debt level for each month.</p><p>Debt has begun its first sustained fall in a generation, three years before required by the fiscal rules. At Spring Statement 2019 the OBR forecast the level of public sector net debt in March 2022 will have fallen to 74.9% of GDP.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 17/06/2019 13:38:17 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1409 label Biography information for Mr Gregory Campbell

768870

registered interest
date	11/10/2017
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 estimate he has made of the level of the public sector net debt by June 2022.
tabling member constituency	East Londonderry
tabling member printed	Mr Gregory Campbell
uin	107265
answer	answer is ministerial correction date of answer 16/10/2017 answer text <p>The current official forecasts produced by the independent Office for Budget Responsibility extend up to the financial year 2021-22. They forecast that public sector net debt (PSND) at the end of 2021-22 will be 79.8% of GDP, or £1.9tn.</p><p> </p><p>The Autumn Budget will include PSND forecasts for the financial year 2022-23.</p> answering member constituency South West Norfolk answering member printed Elizabeth Truss question first answered 16/10/2017 14:05:19 answering member 4097 label Biography information for Elizabeth Truss
tabling member	1409 label Biography information for Mr Gregory Campbell