Appendix D: Statement of risks
Overview
Full details of fiscal risks and contingent liabilities are provided in Budget Paper No. 1, Budget Strategy and Outlook 2007‑08. The following statement updates (where necessary) those fiscal risks and contingent liabilities that have changed since the 2007‑08 Budget.
The forward estimates of revenue and expenses in the Mid-Year Economic and Fiscal Outlook 2007‑08 incorporate assumptions and judgements based on information available at the time of publication.