Yes, but if you had $100 million sitting in the bank every year and you've never spent it, you still have $100 million, let's say since 2008. If you spend a bit each year, then you only top that up each year, so don't be saying it's brand new money when it is not brand new money. It's been always sitting there since 2008.
On June 10th, 2020. See this statement in context.