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<p>The Government is committed to sustainable public finances and has taken responsible
decisions to keep debt falling, while reducing taxes and boosting economic growth.
Over the short and medium-term, this includes tough choices to control public pending
and drive greater efficiencies.</p><p> </p><p>The independent Office for Budget Responsibility
(OBR) confirmed that underlying debt is forecast to fall to 92.8% of GDP in 2028-29
and is 2.1 percentage points lower on average compared to the OBR’s March forecast.</p>
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