Sobering site!
So, in a time of exceptionally interest rates we are paying 6.4bn per annum on debt servicing payments.
In relative terms, we are spending 3.5 times more on servicing our national debt than we spend on transport!!!
Living beyond our means, especially since 2008 is starting to bite. I shudder to think what would/will happen should interest rates start to rise even slightly.
Given the ever falling numbers at work in farming, why do we spend 1.5bn on farming? Almost the same as transport.
29c out of every 1 euro the government spends goes on Social Protection. Somebody really needs to do a deep-dive on this!!