Affordability of capital borrowing to be embedded into MTFP process

Local authorities will be expected to explain the link between the affordability of their capital borrowing plans and their medium term financial planning (MTFP) process under proposed changes to the Prudential and Treasury Management Codes.

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Nick Harvey, CIPFA’s pensions and treasury advisor, said a clear connection between the two had so far been set out by “some, but not

Affordability of capital borrowing to be embedded into MTFP process

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