Bernard Durkan (Kildare North, Fine Gael)
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203. To ask the Minister for Finance the total national debt as a percentage of GDP for each years from 1989 to 1993 inclusive; the current budget borrowing requirements for the same years; and if he will make a statement on the matter. [39569/13]

Michael Noonan (Limerick City, Fine Gael)
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The following table gives the details requested for the years 1989 to 1993. The figures for the years in question have been converted from Irish pounds into Euro. A negative balance or deficit on the Exchequer current account indicates a borrowing requirement, with the nominal amount of borrowing required indicated by the size of the deficit. The Exchequer balance is the sum of the balances on the Exchequer current and capital accounts.

Rounding may affect totals

Source: Department of Finance and CSO

Bernard Durkan (Kildare North, Fine Gael)
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204. To ask the Minister for Finance the total national debt as a percentage of GDP for each years from 1976 to 1980 inclusive; the current budget borrowing requirements for the same years; and if he will make a statement on the matter. [39570/13]

Michael Noonan (Limerick City, Fine Gael)
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The following table gives the details requested for the years 1977 to 1980. Prior to 1987, the Finance Accounts do not break out Exchequer figures into current and capital balances. In Budget 2001, an exercise was carried out restating earlier years back to 1977 in the modern format. The figures for the years in question have been converted from Irish pounds into Euro. A negative balance or deficit on the Exchequer current account indicates a borrowing requirement, with the nominal amount of borrowing required indicated by the size of the deficit. The Exchequer balance is the sum of the balances on the Exchequer current and capital accounts.

Rounding may affect totals.

Source: Department of Finance and CSO.