We can always have all sorts of wishes and say that it would be preferable not to have any debts. What I see, myself, is that we are making huge progress and we are going to continue to make progress so as to deal with future demographic pressures.
Reduction of the debt burden also results in a reduction of the share of government revenue that is devoted to payment of interest on the debt. In the mid-1990s, over one third of every dollar collected was used to service the debt. At present, this percentage is a little over 16%. By decreasing the indebtedness ratio to 25%, this ratio will be about 12¢ a dollar, or a third of what it was in the mid-1990s. This decrease will give us enough flexibility to cope with the pressures stemming from future demographic changes.