The Official Report is a written record of public meetings of the Parliament and committees.
All Official Reports of meetings in the Debating Chamber of the Scottish Parliament.
All Official Reports of public meetings of committees.
Displaying 4778 contributions
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
You have talked about an idea that I find quite interesting. The medium-term financial strategy will come out before the summer, but you suggest that it could be updated in December, in the run-up to the election.
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
That is why I was asking for the optimum, rather than—
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
Indeed.
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
You say that the addition of the medium-term financial strategy to the budget process
“has been a positive development, setting out five-year forecasts”,
and you go on to say that
“this should encourage budget planning over multiple years rather than focusing on balancing the budget one year ahead.”
Can you talk to us about that, too?
09:45Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
That is an important point. Your submission also says:
“We currently do not have a role forecasting spending, other than social security payments”.
You are obviously keen to have that additional role.
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
I hear a sense of frustration, though, that, although you are examining that aspect, you are not able to deliver the same handle on its impact on the rest of the Scottish budget. I sympathise with you on that. You say:
“The Scottish Government has also set out scenarios for spending and funding to assess the risks faced by the Scottish Budget in future years. The Scottish Fiscal Commission does not currently have any role in assessing these scenarios and risks.”
Again, would you be keen to have such a role?
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
Exactly. In the autumn revisions, in particular, we have a groundhog day scenario with some of those transfers. I have said that to ministers, as you probably know. Thank you for emphasising that.
You said that the evaluation of the forecast in 2024, which was accompanied by a fiscal update, was
“judged to be a useful snapshot as the Scottish Parliament began its annual process of Budget scrutiny so we plan to publish the Fiscal Update again in August 2025.”
Can you touch on how useful that was?
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
I know that I speak for the committee when I say that it was very useful when you came to our business planning day in Dundee in late August last year. We went through the update, which was helpful and provided a springboard for what happened in the following weeks and months.
I will open up the session to colleagues around the table. The first member to ask questions will be the previously mentioned Craig Hoy.
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
Can you give us a bit more detail on which areas you are looking for more information in?
Finance and Public Administration Committee [Draft]
Meeting date: 1 April 2025
Kenneth Gibson
If five weeks is ideal, why not say that and put that on the record? The likelihood of getting five weeks—