Economic Growth

Summary

To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 September 2020 to Question 91125 on Economic Growth, whether his Department used the scenario that GDP will fall by 14.3 per cent to determine the reduction to the Official Development A

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Timeline

1. 24 September 2020

   Written question

   To ask the Chancellor of the Exchequer, pursuant to the Answer of 24 September 2020 to Question 91125 on Economic Growth, whether his Department used the scenario that GDP will fall by 14.3 per cent to determine the reduction to the Official Development A

   Source: Commons

2. 29 September 2020

   Answer

   A £2.9bn ‘reasonable worst case’ risk of exceeding the 0.7% ODA target was modelled based on a range of independent forecasts on the contraction of the UK economy in 2020, and accounts for some unexpected spending pressures. Arrangements are in place to t...

   Source: Written answer

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• · Treasury · Answering body

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