Economic Situation: Forecasts

(asked on 9th November 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what requests he has made to the Office for Budget Responsibility to produce economic forecasts over the next 12 months; and if he will place that correspondence in the Library.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 12th November 2020

The OBR prepares an economic and fiscal forecast twice in each financial year.

On 11 September, the Chancellor laid a written ministerial statement in the House of Commons stating that he had ‘asked the OBR to prepare an economic and fiscal forecast to be published in mid to late November’, and the specific date (25 November) was confirmed on 28 October.

The OBR publish a log of substantive contact between the OBR and Treasury Ministers, Special Advisers and their private office staff alongside each forecast.

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