Economic Growth

(asked on 24th July 2024) - View Source

Question to the HM Treasury:

To ask His Majesty's Government what steps they are taking in collaboration with the Office for Budget Responsibility to ensure that economic growth forecasts are (1) realistic, and (2) aligned with the fiscal targets that have been set.


Answered by
 Portrait
Lord Livermore
Financial Secretary (HM Treasury)
This question was answered on 1st August 2024

The Office for Budget Responsibility (OBR) produces its forecasts independently from the Government.

The OBR is required by primary legislation to publish an annual assessment of the accuracy of its forecasts. All previous Forecast Evaluation Reports are available on the OBR’s website.

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