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<p>The Office for Budget Responsibility’s (OBR) Fiscal Risks Report demonstrates that
the public finances remain vulnerable to shocks. To enhance our resilience to such
shocks it is vital that we get debt falling.</p><p> </p><p>To this end, we remain
committed to bringing the public finances back to balance by the mid-2020s, with interim
targets to reduce the structural deficit below 2% of GDP and get debt falling as a
share of GDP by 2020-21.</p><p> </p><p>The government continues to consider carefully
the findings within the OBR’s report. As required under the Charter for Budget Responsibility,
the government will formally respond to the issues raised within the next year.</p>
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