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The report states Ireland 'has one of the highest per capita debt burdens in the world'

Differing views but ability to pay National Debt is key

If our recent past has taught us anything, it's not the national debt itself that should mesmerise our attention, but our ability to pay for it both now and into the future.

Analysis and Comment • 11 Feb 23

Minister for Finance Paschal Donohoe said the country needed to rebuild its fiscal buffers and steer the public finances to 'a more balanced path'

Public debt per capita 'one of the world's highest'

The State took on an additional €33 billion in debt over the two years of the pandemic, according to a new report from the Department of Finance.

Business • 22 Feb 22

Ireland's national debt is expected to rise to €280 billion by 2025

NTMA raises €750m through sale of Treasury Bills

The Irish state has raised another €750m in funding through the sale of treasury bills this morning.

Business • 19 Aug 21

The Central Bank has forecast that the national debt could rise by €22 billion over the next five years.

Central Bank warns on Brexit, corporation tax 'shock'

The Central Bank has warned that a disorderly Brexit and a reduction in the amount of corporation tax collected by the Exchequer could deliver a negative shock to the public finances.

Brexit • 23 Sep 19

'Reduce national debt with any corporate tax windfall'

The Acting Governor of the Central Bank has urged the Minister for Finance to use any unexpected windfall in corporate tax this year to reduce the national debt, which stands at just over €200 billion.

Business • 28 Aug 19

€5.2bn was paid in interest on national debt borrowings last year

Irish national debt reached €42,500 per person in 2018

The amount of debt owed by the state rose to the equivalent of €42,500 for every person in the country last year, according to a new report released by the Government.

Business • 08 Aug 19

Ireland has paid €33bn in interest the national debt in the last five years, and €60bn in the last decade

Chance of recession in Ireland is 100% - NTMA chief

The CEO of the National Treasury Management Agency (NTMA) has said the chances of a future recession in Ireland are 100%.

Politics • 04 Jul 19

In his Budget speech Paschal Donohoe said the money will come from the Ireland Strategic Investment Fund

€1.5bn to be placed in Rainy Day Fund

The Minister for Finance has announced that €1.5 billion will be placed in the Rainy Day Fund to "increase the State's resilience to larger economic shocks".

Budget 2019 • 09 Oct 18

The Commission is of the view that debt reduction should continue to be a priority, as should be addressing the high level of non-performing loans held by the banks

Irish asset sales should go towards debt reduction - EC

The European Commission has said Ireland should use any money it gets from selling assets to reduce the national debt.

Business • 22 May 17

In Ireland there is a massive national debt of €200bn

Should Ireland be borrowing to run the country?

Sometimes we overlook things that are in plain sight. The economy is purring along nicely. Despite the shadow of Brexit, unemployment fell by 4,400 last month to 7.7% and there is a strong flow of new jobs. Inflation is flat, interest rates are low and tax revenue is growing, writes David Murphy.

Analysis and Comment • 05 Nov 16

Michael Noonan said the repayment of €9 billion in IMF loans will occur on two dates in December

€9 billion of IMF loans to be repaid by year end

Ireland will repay €9 billion of its International Monetary Fund loans by the end of the year, Finance Minister Michael Noonan said today.

Business • 29 Nov 14

Central Bank cautious on growth and debt outlook

New research by Central Bank economists highlights the uncertainty around future growth in the economy, and the impact this could have on the national debt.

Business • 25 Sep 12

National Debt