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

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.

In its annual report on public debt,which comesjust weeks before Budget 2020, the department said the national debt last year was €206 billion, or 104 per cent of domestic national income.

According to the report, after several years of declines, the ...