Overseas Loans: Republic of Ireland

(asked on 22nd October 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what progress the Irish Government has made on the repayment of loans provided by the UK in 2010.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 2nd November 2020

Ireland has repaid £2,420,220,000 on the principal of the loan provided under the Loans to Ireland Act 2010. As of 2 November 2020, the total outstanding principal stands at £806,740,000. The Government continues to expect the loan to be repaid in full and on time.

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