Asked by: Ivan Lewis (Independent - Bury South)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the implications for his policies of the IMF's revision of the UK's growth outlook from 1.6 to 1.5 per cent for 2019.
Answered by John Glen
The International Monetary Fund (IMF) is an independent international organisation. The official economy and fiscal forecasts produced by the Office for Budget Responsibility are used to inform policy decisions.
The IMF recently concluded their Article IV assessment of the UK economy and judge that “The fiscal framework adopted by the authorities prudently aims to reduce the deficit (after accounting for the impact of the economic cycle) to below 2 percent of GDP by 2020/21, and to balance the budget by the middle of the next decade.”
Asked by: Ivan Lewis (Independent - Bury South)
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, when he last met the Chief Executive of Invest NI.
Answered by David Gauke
Treasury Ministers have meetings with a wide variety of organisations in the public and private sectors as part of the process of policy development and delivery.
Details of ministerial and permanent secretary meetings with external organisations on departmental business are published on a quarterly basis and are available at:
https://www.gov.uk/government/collections/hmt-ministers-meetings-hospitality-gifts-and-overseas-travel