Thank you.
Before such a motion is proposed, I would like to go back to your recent report, titled “Economic and Fiscal Outlook—October 2023”. In that report, you say that the federal debt-to-GDP ratio will rise to 42.6% in 2023‑24, and that, if no further measures are taken, that ratio will decline to 37.8%, which is still well over the pre-pandemic rate of 31.2%.
Has your team estimated how many years it will take to get back to the pre-pandemic rate?