There are still "significant issues" which need to be resolved between the UK and Scottish governments before a deal on funding to accompany new powers for Holyrood can be agreed, the First Minister has said.
The governments are currently in discussions over the terms of a fiscal framework to take account of the increased tax-raising, spending and borrowing powers coming to the Scottish Parliament in the Scotland Bill.
Both Nicola Sturgeon and her deputy John Swinney have warned Holyrood could block legislative consent for the Bill if an acceptable deal is not reached.
Speaking during a meeting with Parliament's conveners, Ms Sturgeon said: "There are significant issues of substance which still require to have agreement between the two governments.
"The block grant adjustment mechanism is of critical importance, both in terms of the reductions to our block grant that will flow from the Scottish Parliament having enhanced revenue-raising powers, but also the additions to the block grant that will come from the Scottish Government taking on additional spending responsibilities particularly around welfare issues.
"We continue also to have discussions around the borrowing powers of the Parliament.
"These are issues that we require to resolve. I am optimistic that we will resolve them and I am determined that we resolve them."
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