The trajectory for the fiscal deficit has changed. It's lower now than what the government was forecasting at the time and what we are forecasting right now. This translates into a lower debt-to-GDP ratio relative to what was predicted before.
October 31st, 2017 / 5:40 p.m.
Deputy Parliamentary Budget Officer, Office of the Parliamentary Budget Officer
The trajectory for the fiscal deficit has changed. It's lower now than what the government was forecasting at the time and what we are forecasting right now. This translates into a lower debt-to-GDP ratio relative to what was predicted before.
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