The government's goal is to reverse the fiscal deficit to achieve a small surplus by 2015, and to bring the country's debt-GDP ratio below 100% with the goal of getting it down to 60%-70%. In line with these targets, the government has announced a 7% decline in government expenditure for the 2011/12 fiscal year, along with a 5.7% increase in projected revenue.
Minister of Finance Chris Sinckler has said that he expects a small increase in GDP for 2010 of 0.3%, up from the 4.7% contraction recorded in 2009.
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