Fiscal Responsibility Bill (Bill 13 of 2009-10)
The Bill imposes a number of obligations on the Treasury to reduce government borrowing and debt. It allows the Treasury to impose further duties by order and requires that such an order be made for the period after 2015/16. The Bill requires the Treasury to report on progress towards, and compliance with, these obligations in future Budgets and Pre-Budget Reports.
Public expenditure
Briefing
The Bill imposes a number of obligations on the Treasury to reduce government borrowing and debt. It allows the Treasury to impose further duties by order and requires that such an order be made for the period after 2015/16. The Bill requires the Treasury to report on progress towards, and compliance with, these obligations in future Budgets and Pre-Budget Reports.
Documents