Dáil Éireann Debate, Tuesday - 29 July 2025
721. Deputy Ged Nash asked 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]
View answerThe 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.
