Tuesday February 25, 2020

Ireland's high debt level still 'a vulnerability'

According to the Department of Finance, after several years of declines, the debt per head figure increased last year to €42,500 per person, one of the highest in the OECD

9th August, 2019
Department of Finance publishes public debt report

The Department of Finance has warned that Ireland's debt level remains high by historical and international standards, with finance minister Paschal Donohoe saying it remains "a source of vulnerability" to the economy.

According to the report, after several years of declines, the debt per head figure actually increased last year to €42,500 per person, one of the highest in the OECD group of developed economies. This is also well above levels seen before the financial...

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