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SFC December 2021: Scotland's Economic and Fiscal outlook

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A presentation + Q & A session on our five year forecasts for Scotland that will accompany the Scottish Government's Budget announcement

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You're invited to attend this open, online event, during which our Commissioners and senior team members will give a short presentation and answer any questions you may have on our five year forecasts for Scotland. Our forecasts will be published on 9 December to accompany the Scottish Government's Budget announcement.

Our report includes our latest five year economic and fiscal forecasts, costings of tax and social security policy measures announced in the Budget and an overview of how the Budget is funded including the Block Grant, Block Grant Adjustments and tax revenues

A link to join the event will be sent to you in advance

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Organiser Scottish Fiscal Commission

Organiser of SFC December 2021: Scotland's Economic and Fiscal outlook

We produce Scotland’s official, independent economic and fiscal forecasts to accompany the Scottish Government’s Budget cycle.

The Scottish Fiscal Commission is a Non-Ministerial Office – this means we are part of the Scottish Administration but not part of the Scottish Government ensuring our operational independence.

We are directly accountable to the Scottish Parliament for the delivery of our functions which were set out in the Scottish Fiscal Commission Act 2016.

The Commission must produce two reports each financial year forecasting income from devolved taxes and expenditure on devolved social security benefits. Our forecasts inform the Scottish Budget and assist in the scrutiny of fiscal events. The Commission also provides an assessment of the reasonableness of the Government’s borrowing projections.

 

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