Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/282923 
Year of Publication: 
2023
Series/Report no.: 
IFS Report No. R238
Publisher: 
Institute for Fiscal Studies (IFS), London
Abstract: 
The Scottish Government's overall budget depends both on funding from the UK government, which is determined largely via the Barnett formula, and on its own devolved revenues, borrowing and reserves, which are governed by the Fiscal Framework. This chapter of the report looks at the funding outlook in the short term (2022-23 and 2023-24), medium term (2024-25 to 2027-28) and beyond, drawing on Scottish Government and Scottish Fiscal Commission (SFC) figures.
Subjects: 
Government finances and spending
Scottish Budget 2023-24
Devolved government finances
Government spending
Scottish independence
Fiscal rules and frameworks
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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