Pantheon Macroeconomics - The Chancellor chose in his Budget to increase the total size of the forthcoming fiscal consolidation, to ensure that the Office for Budget Responsibility continues to forecast that a budget surplus will be obtained in 2019/20.

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17 Mar. Fiscal Squeeze Still Set to Intensify, Despite the Economic Slowdown

By Samuel Tombs

The Chancellor chose in his Budget to increase the total size of the forthcoming fiscal consolidation, to ensure that the Office for Budget Responsibility continues to forecast that a budget surplus will be obtained in 2019/20.

Posted: 17th Mar 2016 in 'UK Documents'

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