Interest on Irish national debt will take 18.7% of tax revenues in 2013; National Pensions Fund achieved return of 1.3% in H1 2009
Jul 23rd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The cost of repaying interest on Irish national debt will rise from 3.8% of tax revenues in 2008 to 18.7% in 2013, according to the State agency, the National Treasury Management Agency (NTMA). Separately, the National Pensions Fund achieved a return of 1.3% in the first half of 2009.