Michael McGrath
Question:95. Deputy Michael McGrath asked 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]
View answerTuesday, 24 October 2017
Questions (95)
Written answers
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.
|
- |
2018 |
2019 |
2020 |
2021 |
|
Gross debt (€billions) |
208.2 |
211.5 |
208.2 |
209.0 |
|
Gross debt ratio per cent of GDP |
69.0 |
67.1 |
63.5 |
61.2 |
Projections beyond 2021 have not been compiled or published. However, in its Annual Debt Report 2017, (http://www.finance.gov.ie/wp-content/uploads/2017/07/annual-debt-report-2017.pdf) my Department has set out a purely illustrative trajectory for the debt-to-GDP ratio over the period to 2025.