Again, Madam, like the Department of Finance, we take the average private sector forecast, we take those key headline numbers, nominal GDP, real GDP, inflation, interest rates, labour market unemployment rates, and we translate that into a fiscal forecast.
Private sector forecasters, when they see the government reducing taxes or increasing infrastructure spending, will do their own calculations. Their models have these built-in multipliers. They will build those positive and potentially negative multipliers into the projections. We take those economic assumptions and we translate them for you into a fiscal projection.