Office for Budget Responsibility

OBR

Office for Budget Responsibility

The Office for Budget Responsibility was created in 2010 to provide independent and authoritative analysis of the United Kingdom’s public finances. It carries out five core functions: Economic and fiscal forecasting; Evaluating performance against targets; Sustainability and balance sheet analysis; Evaluation of fiscal risks; and Scrutinising tax and welfare policy costing. These five roles all focus on the public finances at a UK-wide level, but in addition, the OBR forecasts the receipts taxes and spending devolved to the Scottish and Welsh governments.
uk fiscal responsibility

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