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9 March 1999

Economic and Fiscal Strategy Report and
Financial Statement and Budget Report 1999


The Economic and Fiscal Strategy Report and Financial Statement and Budget Report contain the Government's assessment of the medium-term economic and budgetary position. They set out the Government's tax and spending plans, including those for public investment, in the context of its overall approach to social, economic and environmental objectives. After approval by Parliament for the purposes of Section 5 of the European Communities (Amendment) Act 1993, these reports will form the basis of submissions to the European Commission under Articles 103 and 104c of the Treaty establishing the European Union.

Economic and Fiscal Strategy Report

Chapter 1 - Budget Overview
Chapter 2 - Macroeconomic Strategy and Prospects
Chapter 3 - Raising Productivity
Chapter 4 - Increasing Employment Opportunity
Chapter 5 - Building a Fairer Society
Annex A - Long-term Fiscal Projections

Financial Statement and Budget Report

Chapter 1 - Budget Measures
Annex A - Economy
Annex B - Public Finances
List of abbreviations