In the five years from 2001 to 2005, the ratio of primary current expenditure to GDP rose in unfavourable cyclical conditions by 2.7 percentage points, to 40 per cent. In 2006-07, in favourable cyclical conditions, it is to be reduced by just 0.2 points. 2. The plan for 2008-2011  2.1.
The overall guidelines  The priority objective set by the Planning Document is sustaining economic growth, within the constraints set by the need not to jeopardize budgetary equilibrium. Development policies are designed to raise the economy’s potential growth rate, bringing it nearer to the average for the rest of Europe.