The latest ONS figures for public sector finances show that there was a current budget deficit (excluding the temporary effects of financial interventions) of £10.8 billion in December 2011, £2.5bn lower than in December 2010.
Public sector net borrowing (excluding the temporary effects of financial interventions) of £13.7 billion in December 2011, £2.2bn lower than December 2010.
Public sector net debt (excluding the temporary effects of financial interventions) was £1003.9 billion, equivalent to 64.2% of GDP. PSND was £883bn in December 2010.
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