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Finance Committee

Finance Committee publishes research on the economic impact of the Scottish Budget

CFIN005/2006 | 15 September 2006

The Finance Committee has today published research on the economic impact of the Scottish Budget.

Des McNulty MSP, convener of the committee said:

"As part of the committee's strategic work in advance of next year's spending review, we commissioned external research to look at public spending trends and plans and to consider what fiscal options could be used to stimulate economic growth.

"There are many interesting ideas contained in the report and the committee hopes that its publication will contribute to the wider debate on public spending.

"However, it should not be inferred that the committee is endorsing (or otherwise) the recommendations contained in the report."

Background

This committee agreed to commission the external research in December 2005 and this was carried out by Experian.

The remit for the research was to:

•  establish the direct contribution made by the Scottish Budget to annual economic growth since devolution

•  conduct a literature review to examine the indirect economic impact of mainstream spending programmes

•  provide advice to the committee on possible alternative Budget distributions which would enhance economic growth

The report can be accessed at: http://www.scottish.parliament.uk/business/committees/finance/reports-06/fir-06-ScottishBudgetFinal_061005.pdf (365KB pdf)

The report contains a two page executive summary in section 1 of the report.

Further details of the committee are available on the Parliament's website at:

www.scottish.parliament.uk/business/committees/finance

For further information, the media contact is :

Richard Holligan: 0131 348 5605

E-mail: richard.holligan@scottish.parliament.uk

Finance Committee contact information

For public information enquiries, contact: 0131 348 5000

For general enquiries, contact 0845 278 1999 (local call rate)

Text phone: 0845 270 0152

email: sp.info@scottish.parliament.uk

Visit our website at: www.scottish.parliament.uk