Documents/SAD/2: Debt Reduction

2: Debt Reduction

Reduce the debt to 30 percent of GDP within 25 years and put it on track to continue falling thereafter.

Other Information:

Reduces the debt to 30 percent of GDP within 25 years and puts it on track to continue falling thereafter. Our national debt now is nearly 70 percent of GDP and on track to hit 185 percent within 25 years. Lower debt will remove the threat of financial crisis and restore the confidence of investors and lenders. It will also sharply reduce the debt burden on future generations, relieve the pressure on interest rates, and help to secure our prosperity.

Stakeholder(s):

  • Investors

  • Lenders

Objective(s):