Michael Moynihan
Ceist:209 Mr. M. Moynihan asked the Minister for Finance the national debt currently; and the amount by which it has been reduced annually in the past five years. [22210/99]
Vol. 510 No. 3
209 Mr. M. Moynihan asked the Minister for Finance the national debt currently; and the amount by which it has been reduced annually in the past five years. [22210/99]
Figures for the level of the national debt are published on an annual basis. At year end 1998 the national debt stood at IR£29,541 million.
The year on year change, over the last five years, in the national debt is set out in tabular form below. Movements in this regard reflect the budget balance each year and other factors such as currency movements.
Year |
Level of National Debt(IR£m) |
Year on Year Change(IR£m) |
1993 |
28,357 |
|
1994 |
29,227 |
+870 |
1995 |
30,209 |
+982 |
1996 |
29,912 |
-297 |
1997 |
30,688 |
+776 |
1998 |
29,541 |
-1,147 |