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UK OBR publishes papers on in-year fiscal forecasting and Brexit

The UK Office for Budget Responsibility published two new discussion papers.

The first paper is an evaluation of the OBR within-year forecasts for the budget deficit since 2010 and the challenges of monitoring the public finances in real time, based on the outturn data published each month through the year.

The second is a paper discussing how the OBR will incorporate further information on ‘Brexit’ into forecasts as the UK progresses towards the date of formal exit from the European Union.

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