The OBR has forecast that net borrowing in 2020-21 will be £298.4bn

Public sector net borrowing

Net borrowing - Year-to-date (April to May)

£300bn

£298.4 bn

OBR May

2020 scenario

200

£54.8 bn

OBR March

2020 forecast

100

0

2008

-09

2010

-11

2012

-13

2014

-15

2016

-17

2018

-19

2020

-21

Public sector net borrowing

Net borrowing - Year-to-date (April to May)

£300bn

£298.4 bn

OBR May

2020 scenario

200

£54.8 bn

OBR March

2020 forecast

100

0

2007

-08

2008

-09

2009

1-0

2010

-11

2011

-12

2012

-13

2013

-14

2014

-15

2015

-16

2016

-17

2017

-18

2018

-19

2019

-20

2020

-21