Public Finance

Treasury written question – answered on 6th June 2022.

Alert me about debates like this

Photo of Pat McFadden Pat McFadden Shadow Chief Secretary to the Treasury

To ask the Chancellor of the Exchequer, if his Department will place in the Library a revised forecast of the expected level of public sector net borrowing in the 2022-23 financial year, incorporating the impact of announcements made by the Chancellor to the House on 26 May 2022.

Photo of Pat McFadden Pat McFadden Shadow Chief Secretary to the Treasury

To ask the Chancellor of the Exchequer, if his Department will direct the Office for Budget Responsibility to produce a revised forecast of growth in real gross domestic product, consumer price inflation and public sector net borrowing for the 2022-23 financial year, incorporating the impact of announcements he made to the House on 26 May 2022.

Photo of John Glen John Glen Minister of State (Treasury) (City), The Economic Secretary to the Treasury

The Chancellor will in due course commission a forecast from the Office for Budget Responsibility (OBR), as set out by the Charter for Budget Responsibility. The OBR will incorporate the impact of new policy in their next economic and fiscal forecast, including measures that have been announced since the last forecast event.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.