When we provide these estimates, we want to be clear to Parliament where we think the economy is vis-à-vis potential. We're saying right now, as we look in this particular context today, that we're probably operating somewhere about two percentage points below potential.
The IMF and the OECD present similar analyses from the reports. Their numbers are very similar to ours. We are talking about a consolidation program in that context, so there will be drag in the context of the economy operating below potential.
There is an impact, but as we get back to potential through the medium term, that impact will be mitigated. In a global economy with lots of uncertainties, who is to say where we'll be a year or two years from now in terms of potential?