The Spending Round has been delivered within the current fiscal rules: keeping the structural deficit below 2% of GDP in 2020-21 and debt falling as a percentage of GDP. Since 2010 the amount the government borrows each year has reduced and is now just 1.1% of gross domestic product ( GDP), enabling the government to spend more on the UK’s public services in a sustainable way. ![]() ![]() From 2019-20 to 2020-21, day-to-day departmental spending will now grow at 4.1% in real terms. This Spending Round delivers the fastest planned real growth in day-to-day departmental spending in 15 years. A full multi-year spending review will follow in 2020. It also gives government departments and the devolved administrations the financial certainty needed to focus on delivering Brexit on 31 October. It funds the people’s priorities: high quality, readily-accessible healthcare schools and colleges that ensure every child receives a superb education reducing crime and making people safe. ![]() This Spending Round sets out the government’s spending plans for 2020-21. ![]() Presented to Parliament by the Chancellor of the Exchequer by Command of Her Majesty
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