Reducing the overall rhythm, pace or absolute level of expenditures would certainly have one advantage: It would reduce the debt servicing cost, which is another item of expenditure that is rising relatively fast, due in good part to the rising level of debt but also the increasing interest rates. Slowing down the pace of revenue, assuming that this would translate into a lower deficit, would contribute to reducing the reliance of the government on debt financing and reducing debt servicing cost.
On October 19th, 2023. See this statement in context.