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Ceisteanna—Questions. Oral Answers. - State Borrowing.

Tuesday, 25 January 1966

Dáil Éireann Debate
Vol. 220 No. 1

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[20]23.

Mr. P. Hogan: Information on Patrick Hogan Zoom on Patrick Hogan (South Tipperary) asked the Minister for Finance if he will itemise State borrowing from all sources for the first nine months of the year 1965-66 and for the corresponding period in the year 1964-65.

Mr. J. Lynch: Information on John Lynch Zoom on John Lynch As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to circulate it with the Official Report.

Following is the statement:

State borrowing from all sources.

1st April, 1965 to 31st December, 1965 1st April, 1964 to 31st December, 1964
Amount Received Amount Repaid Net Receipts Amount Received Amount Repaid Net Receipts
£ £ £ £ £ £
Ways and Means Advances 46,896,500 41,490,000 5,406,500 45,110,000 26,030,000 19,080,000
Exchequer Bills 253,500,000 244,200,000 9,300,000 124,500,000 124,500,000
Bank Advances 2,000,000 2,000,000 6,700,000 6,700,000
Tax Reserve Certificates 457,380 155,537 301,843 540,000 203,331 336,669
Savings Certificates 4,025,000 2,655,000 1,370,000 5,070,000 2,225,000 2,845,000
Telephone Capital Acts, 1924-63 4,0000,000 4,000,000 3,500,000 3,500,000
Prize Bonds 4,328,695 2,101,000 2,227,695 5,513,700 1,909,000 3,604,700
6% Exchequer Loan, 1985/90 18,700,000 18,700,000
National Bonds, 1966-77 1,250,000 1,250,000
6% Funding Loan, 1969 21,937,500 21,937,500
6¼% National Loan, 1986-91 24,142,625 24,142,625
Other Borrowings 5,620,337 9,662,665 -4,042,328* 8,766,313 6,966,590 1,799,723
£ 368,158,037 302,264,202 65,893,835 218,400,013 168,533,921 49,866,092

* The excess of repayments over receipts was due to the repayment of earlier borrowings.

[21]24.

Mr. L'Estrange: Information on Gerald L'Estrange Zoom on Gerald L'Estrange asked the Minister for Finance if he is satisfied that present fiscal arrangements are adequate to rectify the economic difficulties.

Mr. J. Lynch: Information on John Lynch Zoom on John Lynch I propose to deal with the subject matter of this question when speaking on my motion regarding the Report of the National Industrial Economic Council on the Economic Situation, 1965, which is on today's Order Paper.


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