Govt Debt As Share Of Economic Output Must Be Falling By 2020
Cyclically Adjusted Borrowing Below 2% of GDP by 2020
Aim To Close Budget Deficit As Soon As Possible, But Not By 2020
Credible Fiscal Policy Essential For Maintaining Market Confidence
Potential Growth 2.4 Percentage Points Lower As Result of Brexit
2018 Economic Growth Forecast Cut To 1.7% From 2.1%
2017 Economic Growth Forecast Cut To 1.4% From 2.2%
2016 Economic Growth Forecast Rised To 2.1 From 2.0%
Will Maintain Commitment to Fiscal Discipline, But Recognise Need for Investment
More Urgent Than Ever To Tackle Long-Term Weaknesses