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That would make the fiscal target harder to reach.
Mr Osborne's main fiscal target allows for the impact of these "automatic stabilisers".
It would not be a threat to Mr Osborne's main fiscal target or to the bond markets' good faith.
In any case, Brazil tends to beat its fiscal target: in January the surplus hit 5.5% of GDP.
Conversely, capital expenditure has been brought out of the fiscal target year, with more capital spending now coming earlier in the parliament.
The OBR said it still expected the government to meet its fiscal target a year earlier than the goal of 2015-16.
Similar(16)
Nevertheless, the reality is that the chancellor faces a tough battle to achieve his fiscal targets for fiscal year 2011/12.
Fiscal targets have been relaxed.
He may have spectacularly missed his fiscal targets.
Any new fiscal targets should be reasonably flexible.
The results of the fiscal targets are correspondingly dismal.
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