This report sets out our approach to forecasting Scottish GDP and the other economic determinants which feed into our fiscal forecasts. It also describes the main features of the Commission’s new in-house macroeconomic forecasting model.
Analytical
Analytical
This report sets out our approaches to forecasting disability and carer’s payments. We also set out the approaches we use in our policy costings for Child Disability Payment and Adult Disability Payment, the new Scottish forms of disability assistance.
On 9 March 2021 we published this Fiscal Update, which sets out how the 2021-22 UK Budget has affected the Scottish Budget for 2021-22.
We have published this supplementary document to accompany Stage 2 of the Budget Bill debate, which takes place on 8 March 2021.
This Fiscal Update, published at the same time as our Scotland’s Economic and Fiscal Forecasts (SEFF), sets out how the 2020-21 Scottish Budget has changed since it was set in February 2020.
Our report, Scotland’s Economic and Fiscal Forecasts January 2021, was published on 28 January 2021 setting out our five-year forecasts of the Scottish economy, tax receipts, social security expenditure and an assessment of whether the Scottish Government’s projections of borrowing are reasonable.