Scottish Fiscal Commission

The Scottish Fiscal Commission (Scottish Gaelic: Coimisean Fiosgail na h-Alba) is a non-ministerial office. It was established by the Scottish Parliament to provide independent forecasts of taxes[1][2] and social security expenditure, and GDP forecasts, to help inform the government's budget and its scrutiny by parliament.

Scottish Fiscal Commission
Coimisean Fiosgail na h-Alba
Agency overview
FormedJune 2014
TypeNon-ministerial department
JurisdictionScotland
HeadquartersGovernor’s House, Edinburgh, EH1 3DE
Agency executives
Parent agencyScottish Government
Websitewww.fiscalcommission.scot

It was formally created in June 2014, but moved to become a statutory body following the Scottish Fiscal Commission Act 2016.[3] The Commission is currently headed by Dame Susan Rice CBE, formerly the chair of Lloyds TSB Scotland plc.[2]

Remit

The Scottish Fiscal Commission became established as a non-ministerial office on April 1 2017 and is structurally and operationally independent of the Scottish Government. Its Commissioners are directly accountable to the Scottish Parliament. It publishes two sets of five year forecasts a year in line with the Scottish budget process. It also publishes evaluations of its forecasts and working papers on related subjects. Its five year forecasts cover Scotland's:

It also assesses the reasonableness of Scottish Ministers' borrowing projections

Members

The Scottish Fiscal Commission currently comprises four members, who are nominated for appointment by the Cabinet Secretary for Finance, Constitution and Economy.[2] The nominations are considered by the Finance Committee of the Scottish Parliament, which then reports on the nominations to the Parliament as a whole.[2] Parliament then decides whether or not to approve the nominations. The current members of the Scottish Fiscal Commission are:[2]

  • Dame Susan Rice
  • Professor Alasdair Smith
  • Professor Frances Breedon
  • Professor David Ulph

See also

References
  1. Scottish Fiscal Commission, Scottish Fiscal Commission, retrieved 8 September 2015
  2. "About us". Scottish Fiscal Commission. Retrieved 7 March 2017.
  3. Scottish Fiscal Commission consultation, Scottish Government, retrieved 8 September 2015
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