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Article: Public sector accounts 2nd quarter 2002.

Article from:
M2 Presswire
Article date:
September 27, 2002
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M2 PRESSWIRE-27 September 2002-UK Government: Public sector accounts 2nd quarter 2002 (C)1994-2002 M2 COMMUNICATIONS LTD

RDATE:09272002

Coverage United Kingdom Theme The Economy.

Information on the public sector in the quarterly national accounts published today, shows that: In the second quarter of 2002:

-- public sector surplus on current budget was minus GBP7.4 billion,

-- public sector net borrowing was GBP8.2 billion, and at the end of the quarter

-- public sector net debt was equivalent to 30.6 per cent of GDP.

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