Public Expenditure
(asked on 14th January 2015) - View Source
Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, how his Department defines non-fiscal spend.
This question was answered on 21st January 2015
“Non-fiscal spend” is not a formal term in the UK National Accounting framework. It is sometimes used to refer to items of public expenditure, which although included in departmental budgets, are either not classified as spending in the National Accounts or use a different source.
“Non-fiscal spend” is not a formal term in the UK National Accounting framework. It is sometimes used to refer to items of public expenditure, which although included in departmental budgets, are either not classified as spending in the National Accounts or use a different source.