7 - Fiscal and economic assumptions

The Commission has produced projections of Budget aggregates (underlying cash balance, net debt, total receipts and total payments) and for some of the large and strong growing programmes. These projections are largely based on material contained in the 2013-14 Mid‑Year Economic and Fiscal Outlook (MYEFO).

These projections facilitate discussion around the fiscal outlook and overall Budget picture for the coming decade.

The programme projections allow analysis to be undertaken at a more detailed level over the medium term. This assists the discussion of government policy and options.