Roles and Remits of Independent Fiscal Institutions: United Kingdom and Ireland

Synopsis: Over the last decade, there has been considerable growth internationally in the number of Independent Fiscal Institutions (IFIs). Northern Ireland (NI) is now the only part of the United Kingdom (UK) or the Republicof Ireland (RoI) that does not have such a body providing independent fiscal analysis or surveillance. This Paper provides information relating to the proposed Independent Fiscal Council for Northern Ireland (IFCNI), placing the proposal within a broader comparative context.

Date: 12 November 2020