Written answers

Tuesday, 24 October 2017

Department of Finance

General Government Debt

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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95. To ask the Minister for Finance the debt-to-GDP targets in each of the years 2018 to 2023, in tabular form; and if he will make a statement on the matter. [45013/17]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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Forecasts for the general government gross debt to GDP ratio for the period 2018 to 2021 are set out in the Budget 2018 Economic and Fiscal Outlook book and re-produced as follows.

-2018201920202021
Gross debt (€billions)208.2211.5208.2209.0
Gross debt ratio per cent of GDP69.067.163.561.2

Projections beyond 2021 have not been compiled or published.  However, in its Annual Debt Report 2017, ()my Department has set out a purely illustrative trajectory for the debt-to-GDP ratio over the period to 2025.

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