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Transcripts for BBCNEWS BBC News 20211209 15:32:00

in england shouldst not see scotland s budget reduced. overall, aside from immigration, we don t have full powers to mitigate the effects of brexit to secure full green economic recovery from the pandemic and raise the revenues that our public services need. despite all of that, there are reasons for optimism in the scottish economy. the fiscal commission now forecast our economy will recover to pre pandemic levels by april tojune pre pandemic levels by april to june 2022, pre pandemic levels by april tojune 2022, almost two years earlier than the previous scottish budget forecast in january. the previous scottish budget forecast injanuary. although they are expecting a peak unemployment rate of 4.9% at the end of this year, that is far below the 4.7% forecast at the time of the previous scottish budget. a techniques full cast and the overall state economy into account when setting tax policies for the year ahead. i m

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