The economy is in good shape and a good position to deal with the current slowdown. The Government did not take decisions on the 2003 Estimates lightly. This is not some form of technical accounting exercise to balance the books. It is a necessary step to ensure our continued prosperity. We want to continue to foster the economic conditions to create wealth and jobs. We cannot do so through high taxation or high borrowing. The only way forward is to have an ongoing sustainable match between revenue and expenditure. The 2003 Estimates will set us on that path.