The Office for Budget Responsibility produces independent fiscal and economic assessments, forecasts and reports under its institutional mandate.
Its analytical conclusions must be evidence-based and free from improper ministerial direction. It is not a tax collection agency, spending department or hiring authority for LL Treasury.
Responsibilities
- Economic forecasts — Independent economic forecasts and analysis.
- Fiscal forecasts — Public finance analysis and assessment.
- Research — Working methods, research and assumptions.
- Publications — Forecasts, reports and independent analysis publications.