Need for the IFI: 'Decisions made today, impact future generations'

The case for an IFI is strong. Initiate it and resource it properly.

Mon, 01 Mar 2021

I hope the government sets up the Independent Fiscal Institution.The idea was put on the table a couple of years ago, submissions made, and we await the outcome. The institution has merit, with appropriate non-partisan parameters. IFI’s, or equivalents, exist in numerous OECD countries. They provide independent evaluations on public finances, commentary on fiscal policy, and add credibility to the assumptions underpinning projections. The government (fiscal policy) exerts a huge impact. Core crown spending is more than $100 bill...

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