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Economic Planning

Volume 892: debated on Wednesday 21 May 1975

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asked the Chancellor of the Exchequer what proposals he has to ensure that national strategic economic planning is carried out, particularly in relation to resource management.

Resource management is under continuous review through a well-established system of assessment. Regular appraisals of the short-term outlook for the economy are carried out. These are supplemented by the medium-term economic assessment and the annual public expenditure survey, which are designed to ensure that the Governments own spending plans are in line with the likely availability of resources.