Interest on national debt set to double by 2030 - NTMA
Ireland's National Treasury Management Agency projects that interest payments on national debt will double to €6 billion by 2030. While the agency maintains that Ireland is in a strong position to manage these costs, it warns that global economic volatility remains a risk.
Why it matters
Rising debt-servicing costs can limit a country's fiscal flexibility and ability to fund public infrastructure projects.
The cost paying the interest bill on Ireland's national debt is expected to double from €3 billion to €6 billion by 2030.
The article reports on financial projections and official statements from a government agency without partisan bias.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in