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October 2003
Article
Public finance bulletin October 2003
Type: Public Finance Press Releases
Authors: Robert Chote, Carl Emmerson and Christine Frayne
Published in: Public Finance Bulletins

Headline comparisons

  • Central government current receipts in the first six months of the financial year are 5.9% up on the same period last year. The Budget 2003 forecast for 2003-04 implies an increase of 7.3% for the year as a whole.

  • Central government current spending in the first six months of the financial year is 9.8% up on the same period last year. The Budget 2003 forecast for 2003-04 implies an increase of 7.0% for the year as a whole.

  • Public sector next investment in the first six months of the financial year is 102.1% up on the same period last year. The Budget 2003 forecast for 2003-04 implies an increase of 76.3% for the year as a whole.

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IFS public finance bulletins are generously supported by the Economic and Social Research Council. The analysis is based on IFS calculations and does not reflect the views of the ESRC.
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