23 April 2001, 11:02 OUTLOOK: UK March PSNCR 7.3 bln stg
LONDON (AFX) - UK public sector finance data for March are expected
to reveal a Public Sector Net Cash Requirement of 7.3 bln stg, compared
with a surplus of 2.862 bln stg the previous month, according to the
median of 18 analysts' forecasts compiled by AFX News.
There was a PSNCR surplus of 6.986 bln stg in March last year.
In his March 21 budget, Chancellor of the Exchequer Gordon Brown
forecast a PSNCR surplus of 5.1 bln stg for the fiscal year to March
2001, which compares with an 8.7 bln stg surplus recorded in the fiscal
year to March 2000.
Public sector finance figures are released at 9.30 am.
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