HC Deb 29 March 2001 vol 365 c770W
34. Mr. Clifton-Brown

To ask the Chancellor of the Exchequer what account he takes in making his fiscal forecasts of the cyclical nature of the economy. [154633]

Miss Melanie Johnson

The Government take full account of the economic cycle in making their public finance projections. In accordance with the Code for Fiscal Stability, the Government publish projections of both actual and cyclically adjusted fiscal aggregates in the pre-Budget report and Budget. The latest figures are set out in Table 2.5 of the March 2001 Economic and Fiscal Strategy Report.