Budget 2020-21 (Scotland Reserve)

Part of the debate – in the Scottish Parliament on 5th March 2020.

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Photo of Kate Forbes Kate Forbes Scottish National Party

The member is quite right to highlight that. We have been seeking immediate changes to our borrowing and reserve limits, given the volatility inherent in the fiscal framework. My predecessor wrote to the Chief Secretary to the Treasury in September 2019 requesting an increase to those limits, but we have yet to receive a formal response to that request. However, we continue to discuss the matter at ministerial level and, as recently as last week, I raised the matter in an introductory call with the Chief Secretary to the Treasury and I will follow that up in our bilateral meeting.