Appointment of Richard Hughes as the Chair of the Office for Budget Responsibility Contents

1The appointment of Richard Hughes

Background on Richard Hughes

5.Mr Hughes will be appointed for a five-year term starting on 4 October 2020.

6.Previously Mr Hughes was a Division Chief in the International Monetary Fund’s (IMF’s) Fiscal Affairs Department and has also been Director of the Fiscal Group and Acting Chief Economist in HM Treasury. More recently, he has worked as a Research Associate at the Resolution Foundation. He has also served as Senior Counsellor to France’s independent High Council on Public Finance (Haut Conseil des Finances Publiques) and Lecturer at Sciences Po University in Paris.2

Our evidence

7.In oral evidence, we questioned Mr Hughes about his personal suitability for the post, the outlook for the economy, and the issues facing the OBR. Topics covered during the session included:

Conclusion

8.We are satisfied that Richard Hughes has the professional competence and personal independence to carry out his role, and we consent to him being appointed as Chair of the Office for Budget Responsibility. We wish him every success in his role.





Published: 15 July 2020