59 Deputy Pearse Doherty asked the Minister for Finance if the one 20th reduction in our debt-to-GDP ratio as required under the terms of the proposed intergovernmental treaty would be a percentage of debt-to-GDP target that would need to be reached each year, that is assuming that the State had a debt-to-GDP ratio in 2015 of 120% that the reduction required under the terms of the treaty would be 3% reduction; and if so, if he will estimate the cost of this reduction in monetary terms; and if he will make a statement on the matter. [7435/12]

Summary

59 Deputy Pearse Doherty asked the Minister for Finance if the one 20th reduction in our debt-to-GDP ratio as required under the terms of the proposed intergovernmental treaty would be a percentage of debt-to-GDP target that would need to be reached each year, that is assuming that the State had a debt-to-GDP ratio in 2015 of 120% that the reduction required under the terms of the treaty would be 3% reduction; and if so, if he will estimate the cost of this reduction in monetary terms; and if he will make a statement on the matter. [7435/12]

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• International Agreements

  xml · EN · 9 February 2012

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