Dr Eleanor Ryan and Justine Riccomini have been appointed as new Commissioners at the Scottish Fiscal Commission, Scotland’s official independent economic and fiscal forecaster.

Climate change and the associated costs of meeting the Scottish Government’s carbon emission targets will put significant pressure on the Scottish budget, the Scottish Fiscal Commission has said today. Under the Paris Agreement, both the Scottish and UK Governments have committed to help limit global warming through their own carbon emissions targets. These will require…

In its Fiscal Update published today, the Scottish Fiscal Commission has said that the Scottish Spending Review due this December provides an opportunity for the Scottish Government and the Scottish Parliament to address both the immediate budget pressures and, crucially, long‑term fiscal sustainability challenges. The Scottish Government’s Medium-term Financial Strategy (MTFS) in June set out…

The Scottish Fiscal Commission has today published an update to its economic and fiscal forecasts alongside the Scottish Government’s Medium-Term Financial Strategy. It reflects changes since the Commission published its forecasts on 29 May including the UK Government’s Spending Review and new Scottish Government tax and social security policies. Total funding in 2026-27 will be £61.3 billion…

Our next report accompanies the Scottish Government’s Medium-Term Financial Strategy and Fiscal Sustainability Delivery Plan that will be published on Wednesday 25 June. Our report will give an updated overview of the Scottish Government’s funding position and the fiscal pressures it faces following yesterday’s UK Spending Review. The report will also provide costings for any…

The Scottish Fiscal Commission has today published its latest economic and fiscal forecasts. These forecasts will inform the Scottish Government’s Medium-Term Financial Strategy, to be published in June. The Commission estimates that total funding available to the Scottish Government in 2025-26 will be £59.6 billion, almost £0.8 billion higher than in their December 2024 forecast.…

We updated this release on 8 April 2025, to correct an error in the annual budget gap between 2030-31 and 2049-50. It was stated as 1.6 per cent, where it should have been 1.5 per cent. The Scottish Fiscal Commission has today said that the challenges in funding healthcare will become more acute over the…

Tuesday 8 April 2025 at 9.30 am – Fiscal Sustainability ReportOur second report on the long-term fiscal sustainability of the Scottish Government’s budget. This report will present include updated projections of funding and spending and will include a focus on health. Thursday 29 May 2025 – Scotland’s Economic and Fiscal Forecasts Our next set of five…

An independent review of the Scottish Fiscal Commission was published today by the Organisation for Economic Co-operation and Development (OECD). The OECD said that the Commission “continues to stand out as a strong independent fiscal institution, comparing well to its peers in terms of its independence, analysis and communications.” The report cautions that the fiscal…