The concern is whether Scotland's economy is diverse enough and strong enough to to support an independent country.
The final stage of the Resilient Scotland Plan runs from 2025 with the upcoming Parliamentary session ending with Scotland becoming an independent country. All of the work started in Part Two will continue and the work that could not start due to the limitations of devolution can now commence.
This Technical Report is an annex to The Common Home Plan, a part of Our Common Home – A Green New Deal for Scotland.
There is an awful lot in the Plan. The following is a very quick summary of some of the key action points from the plan:
The introduction of a new currency needs to account for customer deposits and loans and the Sterling pensions guarantee.
Scotland’s wealth levels are comparable to those of AAA-listed nations and that, as an independent country - even without North Sea oil - Scotland will qualify for S&P's highest economic assessment.
The borrowing cap for the Scottish Parliament should be removed or lifted substantially so public expenditure can be used where needed; but, more importantly the Scottish National Investment Bank should be given full dispensation to act as a bank and thus capitalise from sources such
40% Scots less likely to support Independence if Scotland had to join the Euro.