Meeting of the Parliament 04 June 2026 [Draft]
Mr Marra said that the fiscal gap is a consequence of the Government’s spending plans and that we have no plan for addressing it. I think that he is wrong on both counts. The fiscal gap is based on projections of past increases continuing into the future, and that is not necessarily Government policy. The Fraser of Allander Institute was clear in saying that the spending review that was published earlier this year laid out how the Government intends to close the fiscal gap over the five-year period.