The economy also has many positive aspects. It has also shown itself to be flexible in the past and should be able to adapt to adverse developments, if they were to occur.
For example, the current fiscal position should allow the  BIS Review 117/2007  1  authorities to put a fiscal buffer in place to help deal with the impact of any such developments, while still continuing to fund key infrastructural improvements. Over the medium-term, the economy still has the potential to grow by around 4 to 4½ per cent.