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View Full Version : Scotland's implicit budget deficit could be around 26-28% of GDP in 2020-21



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31-Aug-20, 22:10
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Scotland's implicit budget deficit could be around 26-28% of GDP in 2020-21



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Article published by the Institute for Fiscal Studies on 26 August 2020 - Author David Phillips. Summary Today's Government Expenditure and Revenue Scotland (GERS) figures show Scotland's implicit budget deficit increasing to 8.6% of GDP in 2019-20, around 6 percentage points higher than the UK as a whole, largely reflecting higher government spending. [Read Full Article (https://caithness-business.co.uk/article/11631)]