Policy paper

Draft Charter for Budget Responsibility text on the fiscal lock

»Ê¹ÚÌåÓýapp Budget Responsibility Bill will introduce the ‘fiscal lockâ€� to ensure fiscally significant announcements made by the government will be subject to an independent assessment by the Office for Budget Responsibility. 

From:
HM Treasury
Published
18 July 2024

Documents

Draft Charter for Budget Responsibility text on the fiscal lock

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Details

»Ê¹ÚÌåÓýapp government will specify further details of the fiscal lock in the Charter for Budget Responsibility which outlines the government’s fiscal framework. »Ê¹ÚÌåÓýapp government has published draft Charter text to set out how the policy will be implemented and therefore support parliamentary scrutiny. »Ê¹ÚÌåÓýapp draft text will be incorporated into the Charter for Budget Responsibility in due course in the usual way.

Updates to this page

Published 18 July 2024

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