I can't recall whether the OECD, the Paris-based organisation of advanced economies, was included in Liz Truss'santi-growth coalition. But its chief economist has today urged Rachel Reeves to re-write "short-termist" fiscal rules to facilitate higher public investment and thereby drive growth.
Alvaro Pereira told the Financial Times that the current fiscal rules may lend towards "potential deterioration of the public finances in the long run", and that it had identified the UK's need to "improve infrastructure and improve productivity."
