Dr. Robert Sweeney:

I do not have the figures in front of me for debt servicing as a percentage of Government spending but our debt servicing as a percentage of national income was 1.2% in 2022. It is projected to be the same in 2023 and to fall to 1% in 2025. That is exceptionally low by historic standards. The last time we had a debt servicing burden that low was in the mid-2000s and as far as I remember, it never got down to 1%.