54. Deputy Michael McGrath asked the Minister for Finance if he will provide details of the expected cost of servicing the national debt in 2012, 2013, 2014 and 2015. [7423/12]
Minister for Finance (Deputy Michael Noonan): The cost of servicing the national debt, as estimated by the National Treasury Management Agency (NTMA), in each of the years 2012-2015 is set out in the table below. These estimates are consistent with those forming part of the Budget 2012 fiscal forecasts:
€ billions |
2012 |
2013 |
2014 |
2015 |
Estimated National Debt Servicing |
7.4 |
8.1 |
8.9 |
9.2 |
|