Governance Office for Budget Responsibility

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1 governance

1.1 budget responsibility committee
1.2 oversight board
1.3 advisory panel





governance
budget responsibility committee

the obr led 3 members of budget responsibility committee (brc) appointed chancellor of exchequer following appointment hearing @ treasury select committee. have executive responsibility carrying out core functions of obr, including responsibility judgements reached in forecasts. are: robert chote (chairman), professor sir charles bean, graham parker cbe.


oversight board

the obr s oversight board ensures effective arrangements in place provide assurance on risk management, governance , internal control. consists of 3 members of brc, plus non-executive members. non-executive members lord burns , sir christopher kelly.


advisory panel

the obr’s advisory panel of economic , fiscal experts meets regularly advise obr on work programme , analytical methods. members come bank of england, institute fiscal studies, academia, , other bodies.








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