Opened the debate
The order amends UK legislation to increase the cumulative borrowing limits of the Scottish Government ahead of the next financial year. It upholds the 2023 fiscal framework agreement and reflects inflation in the borrowing limits, increasing resource-borrowing limit by £29 million from £1.75 billion to £1.78 billion, and capital-borrowing limit by £50 million from £3 billion to £3.05 billion.