DUBLIN (Reuters) - Ireland's finance ministry believes a national debt target set last year that new Prime Minister Leo Varadkar has pledged to ease is a prudent marker, the department's chief economist said on Wednesday.
Outgoing Finance Minister Michael Noonan last October set the target to cut the debt as a proportion of gross domestic product to 45 percent by the mid-2020s, below the EU limit of 60 percent. Varadkar has said he would raise that to 55 percent to allow for greater capital investment.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
