UK Parliament / Open data

Private Finance Initiative

I was coming to exactly that point. The point is that funding the project through a special purpose vehicle means that it is not consolidated into the national debt picture. In other words, it is an off-balance sheet form of financing. Therefore, for a Government who want to spend a lot of money on capital projects without blowing up their national debt picture, it is the perfect opportunity.
Type
Proceeding contribution
Reference
530 c158WH 
Session
2010-12
Chamber / Committee
Westminster Hall
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