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Home Publications Public finance bulletin March 2003

Public finance bulletin March 2003

Robert Chote, Carl Emmerson and Christine Frayne
Public finance press release

Headline comparisons

  • Central government current receipts are 1.5% up on

    the first 11 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 7.4% up on

    the first 11 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 35.5% up on the

    first 11 months of last year. The PBR forecast for 2002-03 implies an

    increase of 53.9% for the year as a whole.