Most of the content for the 2013 to 2014 Convergence Programme is drawn from previously published material contained in the Budget report and the Office for Budget Responsibility’s ‘Economic and fiscal outlook’.
The Treaty on the Functioning of the European Union requires all EU member states to annually report on their economies and public finances to the European Commission.
The UK is required to submit a Convergence Programme to the Commission as part of the Stability and Growth Pact, which is based in the Treaty (TFEU). The Stability and Growth Pact was agreed in 1997 and took effect in 1999. The UK has therefore sent an annual Convergence Programme to the Commission since 1999.