The report assesses the macroeconomic and budgetary projections set out by the Government in the Stability Programme Update 2012, and in advance of Budget 2013 the appropriateness of the fiscal stance over the period to 2015 is assessed. The report also considers the longer-term implications of compliance with the fiscal rules in the Fiscal Responsibility Bill.
Download Fiscal Assessment Report, September 2012 (full report)
By section:
- Summary Assessment
- Introduction
- Assessment of Macroeconomic Forecasts
- Assessment of Budgetary Forecasts
- Assessment of the Fiscal Stance
- Compliance with Fiscal Rules: A Preliminary Examination
- Annex A: Fan Charts to Represent Forecast Uncertainty
- Annex B: The Fiscal Feedbacks Model
- Glossary
- Report Bibliography