State's debt pile to fall below €200bn

Troubled RTÉ likely to come under NTMA's NewEra unit

Annual debt service payments of around €3.5bn on the State’s debt pile will likely remain stable out to 2026

The head of the National Treasury Management – the Government’s debt office – has said the health of the public finances means that the State’s debt pile will likely fall below €200bn in the coming years.

Chief executive Frank O’Connor said the NTMA anticipated that the amount of Government debt will potentially fall from €225bn to below €200bn by 2030, should the public finances remain strong.