Public Sector Debt
2026-07-12 · Treasury · HL2034 · Official question
Question
To ask His Majesty's Government what assessment they have made of the Office for Budget Responsibility's projection that public sector debt could reach 300 per cent of GDP by 2075.
Answer
The Office for Budget Responsibility’s Fiscal Risks and Sustainability Report (FRS) 2026 confirms the need to boost growth and maintain sustainable public finances. A written ministerial statement (HLWS199) was published on 7 July alongside the publicatio...