§ Mr. BluntTo ask the Chancellor of the Exchequer what is his estimate of the GDP growth required in each of the next three financial years to satisfy the golden rule. [58837]
§ Ms Hewitt[holding answer 10 November 1998]The projections set out in the Pre-Budget published on 3 November 1998 show that the Government expect to meet both their fiscal rules over the economic cycle. Paragraph 2.56 of that report explains how these projects are robust to errors in short-term growth forecasts.