Gerald Nash (Louth, Labour)
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721. To ask the Minister for Finance based on current projections and forecasts from his Department and the NTMA, when is it forecast that the debt to GNI* ratio will fall below 60%; what the projected net debt ratio for 2024 was; what it will be for 2025; and if he will make a statement on the matter. [43799/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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The forecasts produced by my Department at the time of Budget 2025 project the gross general government debt to GNI* ratio to fall below 60% of GNI* in 2027. CSO outturn data estimates that the net debt at the end of 2024 was 157.2 billion euro, which is consistent with a net debt to GNI* ratio of 49 per cent. Forecasts at the time of Budget 2025 projected net debt to be 46.7% of GNI* at the end of 2025. My Department will be publishing updated projections as part of the annual budgetary process in the autumn.