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tabling member printed	Lord Green of Deddington
identifier	HL155
min question first answered	2016-02-16T15:44:11.83Z
min answer date	2016-03-31
version	1

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tabling member printed

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is ministerial correction

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answering member printed

question first answered

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519590

registered interest

date

19/05/2016

answering body

HM Treasury

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Jordan: Refugees

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25277

pref label	House of Lords

question text

To ask Her Majesty’s Government, further to the Written Answer by Lord O’Neill of Gatley on 6 May (HL7841), what was the actual level of UK GDP estimated in each of the three alternatives studied, and in the case of remaining in the EU.

tabling member printed

Lord Green of Deddington

uin

HL155

answer

is ministerial correction

date of answer

26/05/2016

answer text

<p>HM Treasury did not produce a forecast of how big the economy would be in 15 years’ time. The analysis of the long-term economic impact of EU membership and the alternatives, provided an assessment of the difference in the size of the economy under the alternatives to EU membership for a given economic forecast. This showed that GDP would be 3.8% lower in an EEA arrangement, 6.2% lower in a negotiated bilateral agreement and 7.5% lower in a WTO arrangement. These are all central estimates.</p><p> </p>

answering member printed

Lord O'Neill of Gatley

question first answered

26/05/2016 16:41:38

answering member

4536

label	Biography information for Lord O'Neill of Gatley

tabling member

4346

label	Biography information for Lord Green of Deddington