Speeches

Seema Malhotra – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Seema Malhotra on 2016-01-07.

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 10 December 2015 to Question 19017, what information his Department holds on the reasons why the Office for Budget Responsibility does not view changes to net migration as one of the key risks or sensitivities to the medium term forecast.

Harriett Baldwin

As set out in the Charter for Budget Responsibility, the OBR is required to provide an analysis of the risks surrounding the economic outlook. As a result in every Economic and Fiscal Outlook the OBR sets out the risks and uncertainties surrounding the economic and fiscal forecast. The Treasury does not hold information on the reasons why the Office for Budget Responsibility did not include net migration as one of the key risks or sensitivities to the medium term forecast.