UK Convergence Programme 2019-20
This document contains details of the UK鈥檚 economic and fiscal situation and forecasts for 2019-20 as required by the European Union.
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Whilst the UK has now left the EU and is no longer an EU Member State, under the terms of the Withdrawal Agreement the UK retained its obligations under the 鈥楨uropean Semester鈥� process.
The Treaty on the Functioning of the European Union requires all EU member states and the UK during the Transition Period, to annually report on their economies and public finances to the European Commission.
The UK is required to submit a Convergence Programme to the Commission as part of the Stability and Growth Pact. The content of the 2019-20 Convergence Programme is based on combined with the Office for Budget Responsibility鈥檚 .