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Parliamentary debates and questions

S5W-15799: Tom Mason (North East Scotland)

Scottish Conservative and Unionist Party

Date lodged: 4 April 2018

To ask the Scottish Government what its capital borrowing plans are for each of the next five years.

Answered by: Derek Mackay 17 April 2018

The Draft Budget 2018-19 sets out the Scottish Government’s intention to borrow up to £450 million in 2018-19. Borrowing plans for subsequent years will be set out in future Draft Budgets.

Under the terms of the Scotland Act 2016, the maximum that can be borrowed each year is £450 million, up to an aggregate total of £3 billion.