Actually, it will have a temporary impact on the economy that will be offset later by a reduction in premium rates. So it does not have a permanent impact on the economy or the number of jobs.
On November 18th, 2014. See this statement in context.
On November 18th, 2014. See this statement in context.
November 18th, 2014 / 10:10 a.m.
Assistant Parliamentary Budget Officer, Economic and Fiscal Analysis, Library of Parliament
Actually, it will have a temporary impact on the economy that will be offset later by a reduction in premium rates. So it does not have a permanent impact on the economy or the number of jobs.
See context to find out what was said next.