It takes the average reader 2 hours and 43 minutes to read Fiscal Sustainability Report by Great Britain. Office for Budget Responsibility
Assuming a reading speed of 250 words per minute. Learn more
In the Fiscal sustainability report (FSR) the Office for Budget Responsibility looks beyond the medium-term forecast horizon of their twice-yearly Economic and fiscal outlooks and ask whether the UK's public finances are likely to be sustainable over the longer term. The approach is twofold: (i) Look at the fiscal impact of past government activity, as reflected in the assets and liabilities on the public sector's balance sheet; (ii) Look at the potential fiscal impact of future government activity, by making 50-year projections of all public spending, revenues and significant financial transactions, such as government loans to students. These projections suggest that the public finances are likely to come under pressure over the longer term, primarily as a result of an ageing population. Under the OBR's definition of unchanged policy, the Government would end up having to spend more as a share of national income on age-related items such as pensions and health care. But the same demographic trends would leave government revenues roughly stable as a share of national income. Long-term projections such as these are highly uncertain and the results presented here should be seen as broad-brush illustrations rather than precise forecasts. This publication is divided into 5 chapters, with two annexes and a bibliography.
Fiscal Sustainability Report by Great Britain. Office for Budget Responsibility is 162 pages long, and a total of 40,824 words.
This makes it 55% the length of the average book. It also has 50% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 3 hours and 43 minutes to read Fiscal Sustainability Report aloud.
Fiscal Sustainability Report is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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