Shadow Chancellor John McDonnell responded to the statement by saying Hammond's "complacency is astounding".
Mr Hammond said there had been "solid progress towards building an economy that works for everyone" with growth every year since 2010.
"The chancellor says there is light at the end of the tunnel".
But he also says he must cut total public debt as a share of GDP (gross domestic product), which stands at 84 per cent, its highest since the 1960s, when Britain was still repaying World War II debts.
The government has put £700mln on the national debt despite promising to have eliminated the deficit by 2015, he added.
The Chancellor will publish a call for evidence on whether the tax relief for agricultural diesel contributes to air pollution.
The Chancellor of the Exchequer Philip Hammond is set to launch a public consultation on how the tax system can be used to reduce single-use plastics, according to Sky News.
He also said the Department for Education would release up to £80 million to help small businesses with the apprenticeship levy. The government is on track to raise the housing supply to 300,000 by the mid-2020s, he said.
It will also announce how some of the £190mln will be spent on improving full-fibre broadband.
The debt forecast is almost 1% lower than in November, Mr Hammond said.
He added that there will be more pay for NHS employees if Management and workers agree on a deal.
The borrowing forecast for 2017-18 is £45bn, £13bn less than forecast a year ago and £4bn less than Autumn forecast.
Chancellor Philip Hammond addressed the regular meeting of Cabinet ahead of his spring statement to the House of Commons. The body left its forecasts unchanged for 2019 at 1.3%.
Growth also looks set to be slightly higher than forecast previous year - but public debt as a percentage of national income remains well above 80%.
The UK economy will grow faster this year than previously forecast and the deficit will be lower.
The Chancellor told Cabinet that over the last two quarters, the United Kingdom has seen slightly stronger productivity growth, which he said was the key to higher wages. Wages of the lowest paid are up by nearly 7%, he added.
While unveiling the Spring Statement, Hammond stuck to an optimistic tone when he said "there is light at the end of the tunnel" and that the United Kingdom economy is in better shape than expected.
Britain's finance minister is expected to announce on Tuesday a modest improvement in the country's slow economic growth outlook in the run-up to Brexit, raising the prospect that he might relax his grip on public spending later this year.
But he will resist calls from Labour and some Tories to use the extra cash from tax receipts to ease the spending squeeze they say is pushing the public sector to breaking point.
Martin pockets a $25,000 bonus for making the tournament with more to earn should the Tigers advance beyond the second round. Barnett won't play against FSU but will be allowed to practice this week and travel with the team to Nashville.
Over on the Notre Dame side, they're sitting at 20-14 on the year. "It's kind of a fitting end to how our season went", Brey said. A potential Notre Dame-Oklahoma State championship game would be pretty fun. "I know we beat (the Orange) on their floor".
Global economic growth accelerated past year as higher investment and falling unemployment drove pickups in most major economies. The Paris-based organisation said the world economy was on course to expand at an annual pace of 3.9% over the next two years.
The Company's Life business segment offers pensions, protection and investment products through its life assurance subsidiaries. It operates through its Hostelworld flagship brand, as well as under the Hostelbookers and Hostels.com brands.
Among them are 30 neutral competitors from Russian Federation , which remains suspended by the IPC over a mass doping scandal. Considered an outside chance to medal at his first games at PyeongChang, Patmore finished the regular competition in third.
Presidential Spokesperson Harry Roque welcomed Lu's comment, saying "that basically should be the correct stand of all states". That is provided for in the Constitution itself, our Constitution", Duterte said.
As per the listing on Geekbench, the Zenfone 5 Max has 4GB RAM and Qualcomm Snapdragon 660 1.61 GHz octa-core processor. The company revealed three models as part of the ZenFone 5 series namely ZenFone 5 Lite, ZenFone 5 and, ZenFone 5Z .
Some experts are concerned that North Korea could be seeking to delay global action while strengthening its nuclear program. Recounting his visit to Pyongyang , Chung said Kim Jong-un seemed genuine and honest .
UCLA surprised to be part of First Four
Crosstown rival USC did not receive an at-large bid, despite its second-place showing at the Pac-12 Tournament . Bonaventure is driven by the guard play of seniors Jaylen Adams (19.8 points per game) and Matt Mobley (18.5).
Pogba misses training ahead of Sevilla tie
Rivals Watch: Following the four ties that were played last week, there are four more last-16 games taking place this week. David De Gea was undoubtedly the stand-out performer as the Reds played out a goalless draw in Andalucia three weeks ago.
CM Punk teases a fight at UFC 225
It's been rumored for a while now, and where there's smoke, there's more often than not fire. June 9th, 2018 is when UFC 225 happens in CM Punk's own hometown of Chicago, Illinois.
Solace for Uber as Ola officially launches in Sydney
SoftBank is also the largest shareholder in Uber, after the Japanese telecom firm recently bought 15 per cent of its stake. Ola, a ride-hailer originally out of India, launched in Sydney Monday following its introduction in Perth last month.
Storm Team 11 Forecast: Cloudy with scattered flurries
A few sprinkles will be possible in Eastern Kentucky for Wednesday and Thursday , with a wintry mix possible for Friday . Under clear skies and with winds going calm Wednesday morning lows will once again drop into the upper 30s to lower 40s.