Chartered Institute of Public Finance and Accountancy

LASAAC CIPFA Scottish Branch


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The CIPFA Solution to Scotland's Collective Challenge

The Scotland Bill - Borrowing powers

The Scotland Bill, currently progressing through Westminster, proposes that the Scottish Parliament should have the power to borrow directly from the markets by issuing bonds.

How increased borrowing autonomy, within the current framework, will provide greater flexibility in the Scottish Government Budget? Will it provide an alternative source of financing for major infrastructure projects as and when required?

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