Can the Scottish Government borrow money?
Answer:
The Scottish Government has very limited powers in relation to resource borrowing.
Full answer here: Government borrowing
Explainers: Borrowing
Author / Creator: Scottish Fiscal Commission
Media type: Article
Date published:
The Scottish Government has access to resource and capital borrowing powers. Following the fiscal framework review in August 2023, borrowing limits will increase by inflation in future years.
Resource Borrowing
Author / Creator: Scottish Government
Media type: Report
Date published:
The Scottish Government must balance its Budget each year and has very limited powers in relation to resource borrowing.