2023-03920. Discount Rates for Cost-Effectiveness Analysis of Federal Programs  

  • Start Preamble

    AGENCY:

    Office of Management and Budget.

    ACTION:

    Revisions to Appendix C of OMB Circular No. A-94.

    SUMMARY:

    The Office of Management and Budget (OMB) revised Circular No. A-94 in 1992. With that action, OMB specified certain discount rates to be updated annually when the interest rate and inflation assumptions used to prepare the Budget of the United States Government were changed. These updated discount rates are found in Appendix C of the Circular and are to be used for cost-effectiveness analysis, including lease-purchase analysis, as specified in the revised Circular. These rates do not apply to regulatory analysis.

    The revised Circular can be accessed at https://www.whitehouse.gov/​wp-content/​uploads/​2023/​02/​Appendix-C.pdf.

    DATES:

    The revised discount rates will be in effect through December 2023.

    Start Further Info

    FOR FURTHER INFORMATION CONTACT:

    Jamie Taber, Office of Economic Policy, Office of Management and Budget, 202-395-2515, a94@omb.eop.gov.

    Start Signature

    Zachary Liscow,

    Associate Director for Economic Policy, Office of Management and Budget.

    End Signature End Further Info End Preamble

    [FR Doc. 2023-03920 Filed 2-24-23; 8:45 am]

    BILLING CODE 3110-01-P

Document Information

Published:
02/27/2023
Department:
Management and Budget Office
Entry Type:
Notice
Action:
Revisions to Appendix C of OMB Circular No. A-94.
Document Number:
2023-03920
Dates:
The revised discount rates will be in effect through December 2023.
Pages:
12423-12423 (1 pages)
PDF File:
2023-03920.pdf