Cost of servicing national debt comes in below budget

The cost of servicing the national debt reached €4.8bn last year.

Cost of servicing national debt comes in below budget

The cost of servicing the national debt reached €4.8bn last year.

The National Treasury Management Agency has said in its annual results for 2010 that it is €320m below budget.

Chief Executive John Corrigan said it was a very challenging year which resulted in the EU-IMF funding programme.

But he said the agency will return to the market itself to seek funds as soon as conditions permit.

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