Below is the text of Mr Major’s written Parliamentary Answer on Government Expenditure on 14th July 1988.
Mr. Forth To ask the Chancellor of the Exchequer if he will make a statement on the planned path for general Government expenditure over the period to 1990-91.
Mr. Major The Government’s expenditure plans, as set out in the public expenditure White Paper (Cm. 288) show general Government expenditure (including privatisation proceeds) of £183 billion in 1988-89, £193 billion in 1989-90 and £202 billion in 1990-91. This represents a declining proportion of GDP.