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  • Economic Calendar Terms


    ONS - Office for National Statistics
    Office for National Statistics
    Cardiff Road
    NP10 8XG

    The public sector consists of central government, local authorities and public corporations. The net cash requirement measures the public sectors need to raise cash trough selling debt or running down its liquid financial assets. The public sector net cash requirement equals the central government net cash requirement (including borrowing from the market for on-lending to local authorities and public corporations) plus local authorities contributions. I.e. their market and overseas borrowing, measured net of their purchases of other public sector debt.