The problem of the Prince of Wales's debts, which amounted to the extraordinary sum of £630,000 in 1795 (equivalent to £ today), was solved (at least temporarily) by Parliament. Being unwilling to make an outright grant to relieve these debts, it provided him an additional sum of £65,000 (equivalent to £ today) per annum. In 1803, a further £60,000 (equivalent to £ today) was added, and George's debts of 1795 were finally cleared in 1806, although the debts he had incurred since 1795 remained.