That is less than the £145.9bn forecast by the Office for Budget Responsibility, the BBC reported.
The Office for Budget Responsibility had already lowered the figure by £2.5bn from the initial estimate of £148.5bn, while Chancellor George Osborne said he expects borrowing to fall to £122bn next year.
However, monthly figures showed net public sector borrowing of £18.6bn in March, excluding interventions such as bank bail-outs.
This follows a £11.8bn figure for February, which was nearly double the amount forecast by economists.
Several measures such as VAT hikes and spending cuts kicking in from this months are anticipated to reduce public borrowing.
Meanwhile, public sector net debt is expected to peak at 70.9% of gross domestic product in 2013-14.
