{"id":39483,"date":"2024-07-29T10:03:25","date_gmt":"2024-07-29T10:03:25","guid":{"rendered":"https:\/\/kede.com.br\/news\/office-for-budget-responsibility-what-is-the-obr-and-what-does-it-do\/"},"modified":"2024-07-29T10:03:26","modified_gmt":"2024-07-29T10:03:26","slug":"office-for-budget-responsibility-what-is-the-obr-and-what-does-it-do","status":"publish","type":"post","link":"https:\/\/kede.com.br\/news\/office-for-budget-responsibility-what-is-the-obr-and-what-does-it-do\/","title":{"rendered":"Office for Budget Responsibility: What is the OBR and what does it do?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The OBR assesses the health of the UK&#8217;s economy. It is independent of government but works closely with the Treasury. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Its reports are usually released alongside big government events such as the Budget and Autumn Statement.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Before these announcements, the government gives the OBR details of its plans to raise or lower taxes and how it intends to spend public money. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The OBR checks the information and makes economic forecasts covering the next five years.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">These forecasts cover things like whether the government will spend more money than it raises, and whether the UK&#8217;s economy will grow or shrink.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/explainers-63159607\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The OBR assesses the health of the UK&#8217;s economy. It is independent of government but works closely with the Treasury. Its reports are usually released alongside big government events such as the Budget and Autumn Statement. Before these announcements, the government gives the OBR details of its plans to raise or lower taxes and how [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[61],"tags":[3328,14364,1444,9066],"_links":{"self":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/39483"}],"collection":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/comments?post=39483"}],"version-history":[{"count":1,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/39483\/revisions"}],"predecessor-version":[{"id":39485,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/posts\/39483\/revisions\/39485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media\/39484"}],"wp:attachment":[{"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/media?parent=39483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/categories?post=39483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kede.com.br\/news\/wp-json\/wp\/v2\/tags?post=39483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}