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Draft: Charter for Budget Responsibility

draft : Charter for Budget ResponsibilityNovember 2010 draft : Charter for Budget ResponsibilityNovember 2010 Official versions of this document are printed on 100% recycled paper. When you have finished with it please recycle it using an electronic version of the document, please consider the environment and only print the pages which you need and recycle them when you have finished. Crown copyright 2010 You may re-use this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or e-mail: 978-1-84532-799-6 PU1094 1 Contents Page Chapter 1 Legislative basis 3 Chapter 2 Introduction 5 Chapter 3 The Government's fiscal policy framework 7 Chapter 4 The role of the Office for Budget Responsibility 11 draft : Charter for Budget Responsibility 3 1 Legislative basis Under Clause 1 (1) of the Budget Responsibility & National Audit Bill, the Gover

Draft: Charter for Budget Responsibility5 2 Introduction 2.1 The Charter for Budget Responsibility (“the Charter”) presents the Government’s approach to operating fiscal policy transparently and managing sustainable public finances in the long-term

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