The Scottish Fiscal Commission : looking forward to our first forecasts

Ireland, John and Spowage, Mairi and Kane, Kevin (2017) The Scottish Fiscal Commission : looking forward to our first forecasts. Fraser of Allander Economic Commentary, 41 (3). pp. 26-35. ISSN 2046-5378

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Abstract

The Scottish Fiscal Commission (SFC) is the independent fiscal institution for Scotland and was established on 1st April 2017 under the Scottish Fiscal Commission (2016) Act. The Commission is responsible for producing independent and official forecasts of Scottish GDP, devolved tax receipts and devolved demand-led social security expenditure, and will publish our first independent and official forecasts to inform the next Scottish Budget later in 2017.