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Dáil Éireann debate -
Thursday, 14 Jun 1934

Vol. 53 No. 3

Ceisteanna—Questions. Oral Answers. - Foreign Capital Investments.

asked the Minister for Industry and Commerce if he will state for the last year for which the information is available the amount of profit on investments of foreign capital in the Irish Free State.

I propose to answer these two questions together.

According to the latest information available the following are the estimated amounts for the year 1933:—

(1) Receipts from investments abroad of persons resident in the Irish Free State or of companies or of firms with headquarters situated in the Irish Free State

£9,000,000

(2) Emigrants' remittances

£4,000,000

(3) Payment of allowances to Irish Free State residents on behalf of the British Ministry of Pensions

£1,715,000

(4) Income of residents outside the Irish Free State from property situated and profits arising in the Irish Free State

£5,200,000

What does the Minister mean by "the year 1933"? Does he mean the calendar year?

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