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Dáil Éireann díospóireacht -
Thursday, 23 Jul 1970

Vol. 248 No. 12

Ceisteanna—Questions. Oral Answers. - National Debt.

35.

asked the Minister for Finance (a) the national debt on 31st March, 1965, (b) the cost of servicing, (c) national debt at 31st March, 1970, (d) cost of servicing and (e) the reasons for such heavy borrowings over the past five years.

The figures requested are as follows: Total national debt at 31st March, 1965 £636 million. Cost of service of debt for year ending 31st March, 1965 £43 million. Total national debt at 31st March, 1970 £1,009 million. Cost of service of debt for year ending 31st March, 1970 £89 million. The borrowings were undertaken to finance the public capital programme.

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