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Office for Budget Responsibility: Output Forecasts

House of Lords written question – answered on 15th October 2012.

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Photo of Lord Myners Lord Myners Labour

To ask Her Majesty's Government whether they use the output forecasts of the Office for Budget Responsibility as the basis for fiscal planning.

Photo of Lord Sassoon Lord Sassoon The Commercial Secretary to the Treasury

The Government use the Office for Budget Responsibility's economic and fiscal forecast as the official forecast and the basis for Government policy decisions.

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