The Treasury has provided optimistic and pessimistic scenarios on economic growth and the state of the country’s public finances. 

The medium-term budget policy statement (MTBPS) sketched the two scenarios for GDP growth which plot deviations from a 2023 baseline. This compares with the real GDP growth forecasts in the document of 1.7% for both 2025 and 2026 and 1.9% in 2027. ..

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