Oireachtas Joint and Select Committees

Wednesday, 23 March 2022

Committee on Budgetary Oversight

Pre-Stability Programme Update Scrutiny (Resumed): Central Bank of Ireland

Dr. Mark Cassidy:

Notwithstanding current events, we think the debt is on a sustainable, favourable path. The debt outlook has improved significantly over a number of years. It still remains higher than we would like it to be by a considerable amount but it has got itself into a much better position. Most important, it is on a favourable path where it is reducing towards much better medium-term levels. We think it is in a good position.

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