Correspondence

Remit letter to the National Infrastructure Commission

The Chancellor has issued a remit letter to the National Infrastructure Commission, which includes a binding fiscal remit.

• From: HM Treasury, National Infrastructure Commission and The Rt Hon Philip Hammond
• Published: 23 November 2016

This was published under the 2016 to 2019 May Conservative government

Documents

Letter from the Chancellor to the National Infrastructure Commission

PDF, 297 KB, 3 pages

Details

The Chancellor has written a public letter to the National Infrastructure Commission Chair, Lord Adonis. This letter provides the Commission with guidance for its upcoming National Infrastructure Assessment. The letter also sets the Commission a binding fiscal remit, which states that the Commission’s recommendations must be consistent with gross public investment in economic infrastructure of between 1.0% and 1.2% of GDP in each year between 2020 and 2050.

Published 23 November 2016