Hopefully, it would be sufficient to reduce the ratio of the deficit and the debt to the economy.

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The country achieved a single digit inflation rate of 8.6% and the lowest fiscal deficit to GDP ratio of 4.8% in decades, according to figures from the Minister of Finance.

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The end goal is not to simply reduce the deficit and cut the debt-to-GDP ratio because those are worthy goals in and of themselves.

WHITEHOUSE: Press Briefing