On the expenditure side the measures consist mainly of spending limits; the definition of the means for complying with the limits is left to future provisions. Further, compliance with some of them will depend crucially on measures to increase the effectiveness and efficiency of public structures, which the Government intends to present in a separate bill.
First, it gives the public, the media, and financial markets the certainty of knowing exactly when the Bank will make an announcement on interest rates. This allows them to plan more efficiently and make more orderly assessments as each announcement approaches.