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Golden Rule Compliance

Volume 455: debated on Thursday 11 January 2007

To ask the Chancellor of the Exchequer whether the last year of the current economic cycle will be included in the next economic cycle for the purposes of calculating compliance with the Golden Rule. (112835)

[holding answer 8 January 2007]: The Government set out their latest assessment of progress against the Golden Rule in each Budget and pre-Budget report. The most recent assessment is set out in paragraphs 2.54 to 2.57 of the 2006 pre-Budget report, Cm 6984.