National Accounts

Government, National Accounts, Tax

A fiscal squeeze may be coming

5 minute read This analysis by John Mitchell highlights shifting government spending patterns over the past 20 years, with rising health and social protection spending, accompanied by decreases for education, defence and public debt transactions. But recent increases in long-term interest rates combined with the higher overall level of government debt will require governments to devote more of their annual budgets to debt service payments in coming years.

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Digitalisation, Featured, National Accounts, Surveys

Don’t trust just any statistics!

5 minute read More timely statistics and data allow us to respond swiftly to new developments. More granular data means that we can be more targeted in our policy advice and better account for disparities across gender, regions, industries, firm size or demographics. But statistics and data must be trustworthy and of good quality. In short, they must be fit for purpose.

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