Michael McGrath (Cork South Central, Fianna Fail)
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The General Government Gross Debt is a gross measure of government liabilities. It measures the gross level of borrowings for the general government sector. The General Government sector comprises the sub-sectors of central government, local government, and social security funds.

The Net Debt is gross government liabilities excluding Excessive Deficit Procedure (EDP) financial assets of government. These EDP financial assets include liquid assets held by the Exchequer, Ireland Strategic Investment Fund cash and non-equity investments and other cash and liquid assets held by the general government sector.

The Central Statistics Office (CSO) is responsible for the compilation of the general government deficit and debt outturn statistics, whereas the Department of Finance is responsible for the forecasts. These statistics are compiled in accordance with the European System of Accounts 2010 (ESA2010).

The table below provides the total Net Debt and General Government Debt each year since 2006, in tabular form. These outturns are CSO figures and are published on the CSO website.