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<p>The government’s medium-term economic and fiscal forecasting is undertaken by the
Office for Budget Responsibility in line with its statutory duty. In line with its
remit, the OBR’s forecasts include the economic and fiscal impact of government policy
on EU exit where the effects can be quantified with reasonable accuracy. The OBR has
said that it will adjust its Brexit assumptions when more detail is available on the
future trade and migration relationship between the UK and EU.</p><p> </p><p>The Office
for Budget Responsibility will produce a new economic and fiscal forecast at the forthcoming
Budget.</p>
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