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Budget 2001 Index

Press Notices

Full Report

Speech

Summary Leaflet (445KB)

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Welsh Language Summary Leaflet pdf

Budget 2000

 

 

 
 
This is this Government's fifth Budget since it came into office in May 1997. The Government's central economic objective is to raise the economy's sustainable rate of growth, and achieve rising prosperity, through creating economic and employment opportunities for all.

The Government is delivering a platform of stability and steady growth for the long term, with record levels of employment, low inflation, low interest rates and sound public finances.

A prudent and responsible approach to the public finances has seen the Government reduce borrowing, while releasing substantial resources for key public services. It is determined to avoid a return to the cycle of boom and bust that has characterised the economy in recent decades.

Locking in economic stability provides the opportunity for the Government to build on its goals of achieving higher productivity, creating employment opportunity for all, building a fairer society for families and communities, and protecting the environment.

 

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