§ 92. Mr. Grocott
To ask the Chancellor of the Exchequer what assessment he has made of the extent to which the 1988 Budget is achieving its objectives.
§ Mr. Norman Lamont
The effects of particular Budgets should not be looked at in isolation but as part of a general process of tax reform and other measures which have, inter alia, improved the performance of the economy by boosting incentives and enterprise. The 1988 Budget was a further major step in that process. We examine the extent to which specific measures have achieved their objectives as part of the annual Budget process.