Thank you very much, Chair, and welcome to our guests. My first question is with regard to the approach to and interpretation of a methodology.
With respect to long-term economic projections released by any organization, do you believe they should be treated as firm, educated projections based on today's factors? That is, should we also treat them with some important caveats? Indeed with today's global uncertainty, is it possible that today's baseline and economic and fiscal projections might be thrown substantially off course?