Public Finance

(asked on 26th May 2022) - View Source

Question to the HM 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.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 6th June 2022
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.
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