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November 2004
Article
How could the UK's fiscal framework be improved?
Type: IFS Press Releases
Authors: Carl Emmerson and Christine Frayne

The Treasury today announced that the Pre-Budget Report would take place in 3 weeks' time on Thursday 2nd December. To contribute to the government's thinking in the run-up to the Budget the IFS today publishes new research, funded by the Economic and Social Research Council, assessing the operation of the Government's Code

for Fiscal Stability since its introduction in 1998. This code sets out the five key principles that the government

should adhere to in formulating fiscal policy as responsibility, stability, transparency, fairness and efficiency.

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