OBR
E74858
OBR is the independent UK fiscal watchdog that provides official economic and public finance forecasts and assesses the sustainability of government finances.
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
government agency
→
independent fiscal institution → |
| abbreviation |
OBR
→
|
| country |
United Kingdom
→
|
| evaluates |
government performance against fiscal rules
→
impact of policy measures on public finances → |
| formedAs |
non-departmental public body
→
|
| fullName |
Office for Budget Responsibility
→
|
| goal |
provide impartial information to Parliament and the public
→
support sustainable public finances in the UK → |
| headquartersLocation |
London
→
|
| independenceFrom |
HM Treasury
→
UK government → |
| jurisdiction |
United Kingdom government
→
|
| legalStatus |
statutory body
→
|
| mandate |
assess whether the government is likely to meet its fiscal targets
→
evaluate long-term sustainability of the public finances → produce official forecasts for UK public finances → produce official forecasts for the UK economy → scrutinise the government’s tax and spending plans → |
| primaryFunction |
enhance credibility of fiscal forecasts
→
increase transparency of fiscal policy → provide independent analysis of the UK’s public finances → |
| publishes |
Economic and fiscal outlook
→
Fiscal risks report → Fiscal sustainability report → Forecast evaluation report → Welfare trends report → |
| reportsTo |
UK Parliament
NERFINISHED
→
|
| role |
assesses sustainability of government finances
→
assesses sustainability of public finances → independent UK fiscal watchdog → official economic forecaster → official public finance forecaster → |
| sector |
macroeconomics
→
public finance → |
| subjectArea |
budgetary policy
→
economic forecasting → fiscal policy → |
| supervisingBody |
HM Treasury
→
|
| typeOfForecasts |
medium-term economic forecasts
→
medium-term fiscal forecasts → |
| usesDataFrom |
Department for Work and Pensions
→
HM Treasury → Office for National Statistics → |
Referenced by (1)
| Subject (surface form when different) | Predicate |
|---|---|
|
Office for Budget Responsibility
→
|
shortName |