Government Borrowing

Treasury written question – answered am ar 28 Ebrill 2009.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Brooks Newmark Brooks Newmark Opposition Whip (Commons)

To ask the Chancellor of the Exchequer what assessment he has made of the level of UK Government borrowing compared with those in other OECD economies.

Photo of Angela Eagle Angela Eagle The Exchequer Secretary, Member, Labour Party National Executive Committee

Global economic developments will have a profound effect on the fiscal positions of most countries. The OECD published its Interim Economic Outlook on 31 March 2009, which forecast the UK deficit to be 9.3 per cent. of GDP in 2009.

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