That was very much part of our analysis in the fiscal outlook. To your earlier points about sensitivity, I agree, and we'll follow up on that.
In terms of the analysis of the chance the government will meet its fiscal anchor for a declining share of deficit to GDP, briefly what we did is looked back at the different types of shocks that have happened in the past and at year-over-year shocks. The result that the government, absent policy changes, would have roughly a 1% chance of meeting its deficit as a GDP target rests on the reality that both deficits—the numerator and GDP itself—are quite sensitive on a year-to-year basis.
Given that this measure is defined as a decreasing track every year, that's what drives the mathematical baseline that it's going to be a very hard target to hit, but not impossible, especially if the government wants to manage it very carefully. That is essentially the message we want to put forward with that analysis.
