201 Deputy Stephen S. Donnelly asked the Minister for Finance the estimated paydown of general Government debt required to meet the debt brake stipulation in each of the first five years from when Ireland must adhere to the debt brake rule as stipulated in the fiscal compact, that is, ensuring that the debt to GDP ratio reduces by 1/20th of the gap between where it is and the target of 60% of GDP, including the assumptions used per year for real and nominal GDP growth; and if he will make a statement on the matter. [21781/12]

Summary

201 Deputy Stephen S. Donnelly asked the Minister for Finance the estimated paydown of general Government debt required to meet the debt brake stipulation in each of the first five years from when Ireland must adhere to the debt brake rule as stipulated in the fiscal compact, that is, ensuring that the debt to GDP ratio reduces by 1/20th of the gap between where it is and the target of 60% of GDP, including the assumptions used per year for real and nominal GDP growth; and if he will make a statement on the matter. [21781/12]

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