Deputy John Deasy asked ask the Minister for Finance the projections for the overall national debt levels here for each of the next ten years; and the estimated amounts of interest to be paid in each of those years.
Reply from Minister Michael Noonan: National debt is essentially the debt of the Exchequer and is a subset of general government debt. General government debt is the measure of the total debt of the State used for comparative purposes across the European Union.
The latest forecasts available going out to 2019, have been published recently in the Stability Programme Update (SPU). The table above restates the forecast for general government debt as contained in the SPU and also contains the forecast nominal amounts for debt and interest.
Source: Department of Finance
Notes: Rounding may affect totals