Scotland's Fiscal Outlook: The Scottish Government's Medium-Term Financial Strategy
This is the third Medium Term Financial Strategy (MTFS) published by the Scottish Government. The MTFS provides the context for the Scottish Budget and the next Scottish Parliament. This context will frame the incoming Government’s strategic approach to fiscal policy.
List of figures, tables and boxes
Figure 2: Resource spending scenarios.
Figure 3: Proportion of people employed by the public sector; UK Nations Headcount (2020 Q3)
Figure 4: Funding and illustrative spending scenarios.
Table 1: Headline economy forecasts
Table 2: Latest forecasts of tax revenues and BGAs
Table 3: Funding components (nominal) – central scenario
Table 4: Summary outlook for the MTFS
Table 5: Illustrative resource spending scenarios (£ million)
Table 6: Illustrative cumulative paybill costs (£ billion)
Table 7: Summary of key short-term risks to fiscal sustainability
Table 8: Summary of key medium- to long-term risks to fiscal sustainability
Box 1: The “Scotland-specific economic shock”.
Contact
Email: Gabrielle.Cahen@gov.scot
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