Section B â The Financial Framework - Government Accounting
Section B â The Financial Framework - Government Accounting
Section B â The Financial Framework - Government Accounting
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
B3 – <strong>Government</strong> Borrowing<br />
year and are available on the Department of Finance website<br />
under ‘Economic statistics’.<br />
15. A view of Ireland’s overall net indebtedness must take account<br />
of the existence of the National Pensions Reserve Fund and the<br />
credit balances of the Exchequer. <strong>The</strong> National Pensions<br />
Reserve Fund was established under the National Pensions<br />
Reserve Fund Act 2000 to set aside an amount equivalent to<br />
1% of GNP every year for investment. <strong>The</strong> purpose is to<br />
provide funds to help meet the cost of social welfare and public<br />
service pensions from 2025 on.<br />
PFP 11/08
Change language