Under Labour’s plan the debt burden will decline at an annual average rate of almost 3% of GDP over this period, reaching an interim target of 75% of GDP by 2021, with the ultimate target of 60% of GDP. We have set out below the total amount of resources that will be available over the next five years for taxation and spending measures, while complying with the requirements of the EU fiscal rules. The Department of Finance set out in Table A8 the 2016 Budget documentation, the estimated amount fiscal space for the period 2017 to 2021 according the EU fiscal rules.
positive towards the national way of life and history, for example pride of citizenship or appeals to patriotism