The Scottish Government has argued that "it is clear that Scotland currently pays our way within the UK". The Scottish Government argues that an independent Scotland would have full autonomy over decisions on tax, spending and borrowing. Scotland would be able to issue sovereign debt and set fiscal limits.Scottish Government (2022). A stronger economy with independence. Edinburgh, October 2022. Retrieved 12 November 2022. The Scottish Government suggests setting up a 'New Scotland Fund' to provide capital investment and boost growth. According to the IFS, this fund would probably need to be funded by additional borrowing.
