The Scottish Government’s 2018/19 Budget is the 2nd of 5 budgets to be set this parliamentary term.
It contained allocations for 2018/19 only (the last time a Scottish Budget provided anything beyond single year allocations was 2014/15).
However, the government’s new Five Year Financial Strategy, published last month, provides a steer on how the pattern and distribution of Scottish resource spending (day-to-day public services) is likely to evolve over the next few years.
The Strategy contains forecasts of the Scottish budget for five years, based on forecasts for devolved tax revenues and the outlook for the block grant. It also sets out broad spending commitments.Continue reading