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Public Finance Press Releases
February 2003
Article
Public finance bulletin February 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 are 1.4% up on

    the first 10 months of last year. The November 2002 Pre-Budget Report

    (PBR) forecast for 2002-03 implies an increase of 2.2% for the year as a

    whole.

  • Central government current spending is 7.0% up on

    the first 10 months of last year. The PBR forecast for 2002-03 implies an

    increase of 6.8% for the year as a whole.

  • Public sector next investment is 2.8% up on the

    first 10 months of last year. The PBR forecast for 2002-03 implies an

    increase of 53.9% 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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