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Parliamentary debates and questions

S5W-17428: Tom Mason (North East Scotland)

Scottish Conservative and Unionist Party

Date lodged: 22 June 2018

To ask the Scottish Government what its position is on it nearing its capital borrowing limit of £3 billion.

Answered by: Derek Mackay 16 July 2018

The Scottish Government is committed to ensuring that revenue funded investment, including borrowing, is maintained at sustainable levels and as a result future revenue commitments will be kept within a maximum of 5% of available budget limits. When taking account of borrowing undertaken to date and borrowing anticipated in 2018-19, £1.5 billion of the £3 billion borrowing limit still remains available.