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 4079 contributions
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
The committee received a letter from you earlier this morning regarding a number of matters. The letter’s heading is “Process and timetable around Scottish Budget 2022-23”. In it, you touch on the delayed medium-term financial strategy and say:
“There is logic for publishing the MTFS alongside the Scottish Budget and thereby basing it on the updated SFC and OBR forecasts. Publishing it before the OBR October forecasts would mean having to use OBR forecasts from March, the effect of which would be to give a misleading sense of the fiscal outlook.”
When I raised the matter with Scottish Fiscal Commission representatives, they agreed with that.
Where are we in terms of the MTFS? Are we going to see it alongside the budget? Can you give us any further thoughts on the timing of the budget, given all the stramash that you outlined in your letter regarding the difficulty of not having confirmed timings for UK fiscal events?
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
Thank you. I have a final question before we open up to questions from committee members. The Scottish Fiscal Commission noted that the Government has not guaranteed any additional funding for Covid-19 for 2021-22, and that there are currently no arrangements for deferred funding. It has said:
“Large changes in COVID-19 funding late in the financial year may create difficulties for the Scottish Government’s management of its budget.”
I asked the SFC about that, but can you also say what kind of difficulties that could create for the Scottish budget?
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
I thank our witnesses very much for their very interesting presentation and for answering our questions.
10:45 Meeting suspended.Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
I am sure that the clerks will let you have it. We only received it at 7 am this morning, so I am sorry for throwing that question at you.
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
I asked a question about the possibility of deferred funding, and members asked about the impacts on a number of areas of the Scottish budget. You talked about how difficult it was, as did members, with additional funding coming in at a time when local authorities were agreeing their own budgets and the council tax settlement was being agreed. Should we get into that situation—I hope that we do not, because I hope that the UK Government will do as it has done previously and agree a carry-over if necessary—do you have any shovel-ready projects available that would allow you to provide additional support to businesses or other areas of the economy, so that that money is used effectively?
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
We still have time, so I will let colleagues come back in again, but I will ask some more questions first. The first one is a follow-up to John Mason’s question about the uncertainty index. Where does the co-operation agreement between the Greens and the Scottish Government sit on the uncertainty index? Does it make the Scottish Fiscal Commission’s ability to forecast more or less certain?
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
No, but the deal contains financial detail and specific components—for example, £500 million for the north-east and Moray and 110,000 more affordable homes by 2032.
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
So in that regard, there will be a reduction of uncertainty.
Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
You have talked about social security a couple of times, but no committee member has yet asked about it. Your figures predict a £1.5 billion increase over the next five years in social security spend, of which the adult disability payment will be a major component. Given the fact that that increase has been mentioned a couple of times, is that a cause for concern for the Scottish Fiscal Commission, or do you just want to ensure that we do not omit it in our deliberations?
10:30Finance and Public Administration Committee
Meeting date: 31 August 2021
Kenneth Gibson
The child payment could be £163 million a year. I think that you said in your opening statement and your report that about £0.5 billion extra would have to be found from the resource budget by 2026-27. Is that correct?