John Hemming's Web Log John's Reference Website
Sunday, November 22, 2009
  The Treasury Economic Model
For some time I have been concerned that it is not possible to scrutinise the details of the treasury forecasting. That is because the government have historically refused to provide the data that they put into the Economic Model.

They are happy to provide a copy of the program, but without the data it is not possible to check the figures.

We are in a really challenging situation as a country where action needs to be taken to bring the budgetary deficit under control, but at the same time not to kick the economy over the edge.

This is an occasion when proper scrutiny really needs access to the inputs. I put in written question on the issue again recently and the government again refused to answer the question, but I hope to raise this issue within the appeals process.
 
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better brent chart

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