Threads / Fiscal Risks and Sustainability / As part of our inquiry into the 2019–20 Whole of Government…
Committee Material Published 26 Jan 2024 ↗ View on Parliament

As part of our inquiry into the 2019–20 Whole of Government Accounts, we concluded that the Treasury had taken too long to deliver the accounts, having been unrealistic with its timetable. We recommended that the Department reviewed the causes of its optimism bis, and revisited future timetables to ensure that they were realistic. The Treasury accepted our recommendation, and committed to revising the timetable for the 2020–21 account and future cycles. It also committed to setting out a long...

As part of our inquiry into the 2019–20 Whole of Government Accounts, we concluded that the Treasury had taken too long to deliver the accounts, having been unrealistic with its timetable. We recommended that the Department reviewed the causes of its optimism bis, and revisited future timetables to ensure that they were realistic. The Treasury accepted our recommendation, and committed to revising the timetable for the 2020–21 account and future cycles. It also committed to setting out a long term recovery strategy that was realistic.8 In our previous evidence session on the 2019–20 WGA, HM Treasury said that it aimed to deliver the 2020–21 a Type: conclusion | Number: 8 | Response status: accepted Government response: 1.1 The government agrees with the Committee’s recommendation. Target implementation date: Spring 2024 1.2 HM Treasury will write to the Committee by the end of March 2024 to provide an update on the publication plans for future Whole of Government Accounts (WGA). 1.3