Budget 06: Brown meets second rule

Budget 06: Brown meets second rule

Gordon Brown claims he has met his second fiscal rule on net debt, with the figure currently standing as 36.4% of national income.

The chancellor said that future years would see the figure rise to first 37%
then 38% for the next four years. The figures compare favourably with countries
such as Japan, and Italy where the same figures are 83% and 100% respectively.

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