The Commission is required to assess the reasonableness of the Scottish Government's projections of its borrowing. We fulfil this role by assessing any borrowing which Ministers can project in advance.
Our assessment of reasonableness will consider the level of borrowing relative to the statutory caps set out in the Scotland Act 2016 and the associated fiscal framework. Where appropriate, we will also consider how broader fiscal factors may affect the resources available to the Scottish Government. For example, we examine the payments into, and draw down of funds from, the Scotland Reserve. We will continue to review the scope of this assessment and our commentary on broader fiscal factors will expand in future publications whenever we consider there to be a public benefit.