Scottish economy

News
News
News

GERS: Scottish deficit drops but remains over £13 billion

The Government Expenditure and Revenues Scotland (GERS) figures, frequently used as a political football, show both improvements and challenges ahead for the Scottish economy.

THE GERS FIGURES for 2016-17, published by the Scottish Government this morning, indicate that Scotland’s fiscal position has improved, with the nation’s notional deficit falling by £1.3bn to 8.3 per cent of GDP, while both North Sea and onshore revenues also saw increases since 2015-2016.

Share:
News
Opinion
Opinion
News
Policy
Opinion

CommonSpace journalism is completely free from the influence of advertisers and is only possible with your continued support. Please contribute a monthly amount towards our costs. Build the Scotland you want to live in - support our new media.