Parliamentary Questions - Written Replies

NATIONAL DEBT: The ratio of net public sector debt to Gross Domestic Product fell from 49.5 per cent at the end of 1978-79, the last year of Labour government, to 27.25 per cent at the end of 1990-91, but had since risen to an estimated 33.5 per cent at the end of 1992-93, and was projected to rise to 49.75 per cent at the end of 1997-98, Norman Lamont, the Chancellor, told Michael Jopling (C, Westmorland and Lonsdale).