Memorandum by the Scottish Government
Please note the following Scottish Government reply
in response to the invitation to submit evidence by way of a written
submission on the House of Lords Economic Affairs Committee inquiry
on Private Finance Projects and off-balance sheet debt.
The Scottish Parliament's Finance Committee
undertook a thorough review of this subject last year in the context
of funding for capital investment. The Finance Committee's Inquiry
into methods of funding capital investment projects was published
on 16 December 2008 and is available at http://www.scottish.parliament.uk/s3/committees/finance/inquiries/capInvest/report.pdf.>
Please note that on page 9 of this report under
"15th Meeting, 2008 (Session 3), 27 May 2008", you will
find evidence which was provided by the Scottish Government's
Cabinet Secretary for Finance and Sustainable Growth, John Swinney
MSP. Full details of the concluded Finance Committee's inquiry
can be found at http://www.scottish.parliament.uk/s3/committees/finance/inquiries/capitalInvestment.htm.
I hope you find this information helpful and
apologies for the delay in responding.
2 October 2009