Other countries have done even better and for longer periods of time; between 1995 and 2007 the primary surplus averaged more than 6.5 per cent of GDP in Canada and about 5 per cent in Belgium, Denmark and Finland. That is no small achievement, but it is not beyond our reach.
BIS Review 102/2009  1  2  28/12/08  14/12/08  30/11/08  16/11/08  CDS 5 YEARS  02/11/08  19/10/08  05/10/08  21/09/08  07/09/08  CDS 1 YEAR  24/08/08  10/08/08  27/07/08  13/07/08  29/06/08  15/06/08  01/06/08  Bps.