* * * The budget for 2008 keeps the main items of the public finances at the levels forecast for this year; it does not take advantage of the good performance of revenue to accelerate the reduction in the public debt; it does not return a significant share of the recent increases in revenue to taxpayers.
10  BIS Review 117/2007  Over a longer span of time the Forecasting and Planning Report shows that a one percentage point increase in the growth rate of the economy for ten years would reduce the ratio of the public debt to GDP by about 10 percentage points. Fiscal policy can be a major factor in the growth of the economy.