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.
Private Finance Initiative
Proceeding contribution from
Andrea Leadsom
(Conservative)
in the House of Commons on Thursday, 23 June 2011.
It occurred during Adjournment debate
and
Backbench debate on Private Finance Initiative.
Type
Proceeding contribution
Reference
530 c158WH 
Session
2010-12
Chamber / Committee
Westminster Hall
Subjects
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Timestamp
2023-12-15 22:47:13 +0000
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