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Government Borrowing

Treasury written question – answered on 26th May 2005.

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Photo of David Evennett David Evennett Opposition Whip (Commons)

To ask the Chancellor of the Exchequer if he will make a statement on the level of Government net borrowing.

Photo of Des Browne Des Browne Chief Secretary, HM Treasury, The Chief Secretary to the Treasury

Budget projections show that net borrowing is expected to fall to a prudent level of 1.5 per cent. of GDP by 2009–10.

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