ACCA Welcomes Budget Announcement to use Balance Sheet Information to Achieve Sustainable Public Finances

Innovative approach to the UK’s fiscal framework is a game changer and puts finance at the heart of government decision making, according to the ACCA.

The UK Budget has announced a new approach to the fiscal framework, taking a public sector balance sheet approach for the first time.

The ACCA has advocated for this development, most recently in a report called ‘Sustainable Public Finances Through COVID-19’, published in June 2020.

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