Written answers
Thursday, 17 June 2010
Department of Finance
National Debt
5:00 pm
Bernard Durkan (Kildare North, Fine Gael)
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Question 85: To ask the Minister for Finance the national debt, public and private in each of the past five years to date; and if he will make a statement on the matter. [25987/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The National Treasury Management Agency (NTMA) has advised that the national debt for the period from end-2005 to end-May 2010 was as follows:
Year-End | â'¬bn |
2005 | 38.2 |
2006 | 35.9 |
2007 | 37.6 |
2008 | 50.4 |
2009 | 75.2 |
End-May 2010 | 82.9 |
The NTMA advise that the national debt is a measurement of the indebtedness of the Exchequer i.e. the total outstanding amount of principal borrowed by Central Government and not repaid to date less liquid assets available for redemption of those liabilities at the same date. The national debt, therefore, is a measurement of the public debt of the Exchequer.
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