Richard Boyd Barrett
Question:363. Deputy Richard Boyd Barrett asked the Minister for Finance the size of the national debt. [35026/18]
View answerTuesday, 24 July 2018
Questions (363, 364)
Richard Boyd Barrett
Question:364. Deputy Richard Boyd Barrett asked the Minister for Finance the amount of interest that will be paid on the national debt in 2019. [35027/18]
View answerWritten answers
I propose to take Questions Nos. 363 and 364 together.
I am informed by the National Treasury Management Agency that the Gross National Debt at end-June 2018 stood at €213.4 billion. Total cash and financial assets were €25.9 billion at end-June meaning National (net) Debt was €187.5 billion.
The latest estimate of National Debt cash interest payable in 2019 is €5.5 billion. This estimate was published in the April Stability Programme Update. An updated estimate for 2019 will be published as part of Budget 2019 later this year.