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Public Audit Committee

National Strategy for Economic Transformation

The Public Audit Committee looks at reports published by the Auditor General for Scotland to examine whether public money is being spent efficiently and effectively.

On 8 February 2024, the Auditor General for Scotland published the National Strategy for Economic Transformation.

The report says:

"Under the Fiscal Framework, Scottish public finances are now more closely linked to how Scotland's economy performs relative to the rest of the UK. This makes it all the more important for the Scottish Government to achieve the economic performance ambitions in its National Strategy for Economic Transformation (NSET). If the Scottish Government does not achieve improved economic performance, there will be further pressure on Scotland's public finances".

Read the report on Audit Scotland's website

The Committee agreed at its meeting on 12 September 2024 to close its scrutiny of the report and in doing so, write to the Economy and Fair Work Committee.

Meetings

The report was discussed at the following Committee meetings:

Correspondence

The Committee has sent and received the following correspondence on the report:

National Strategy for Economic Transformation: Follow up to Economy and Fair Work Committee, September 2024

Correspondence from the Convener to Claire Baker MSP, Convener of the Economy and Fair Work Committee, 27 September 2024

National Strategy for Economic Transformation: Scottish Government follow up, June 2024

Correspondence to the Convener from Gregor Irwin, Director-General Economy, Scottish Government, 19 June 2024