Written answers
Thursday, 16 June 2016
Department of Finance
GDP-GNP Levels
Pearse Doherty (Donegal, Sinn Fein)
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79. To ask the Minister for Finance his views that under the stability programme update projections the debt-to-gross domestic product ratio is projected to fall to 69% of gross domestic product by 2021, but assuming a policy of minimum rule compliance as previously committed to is implemented from 2017 on, the debt ratio would continue to decline but would be around five percentage points of gross domestic product higher by 2021; and if he will make a statement on the matter. [16435/16]
Michael Noonan (Limerick City, Fine Gael)
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The Government will shortly be publishing the Summer Economic Statement. This will reflect the tax and spending priorities set out in the Programme for Partnership Government.
The statement will reflect information on debt-to-gross domestic product ratio taking into account second round macro-economic and fiscal effects.
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