asked the Minister for Finance if he will state in respect of each of the financial years 1941-42 to 1945-46, inclusive: (a) the total amount of interest paid on borrowings from the banks by the Government; and (b) the total amount of interest paid on public issues of stock by the Government.
Written Answers. - Interest Payments.
(a) No money was borrowed by the Government from the banks in any of the financial years 1941-42 to 1945-46, inclusive.
(b) The amount of interest paid on public issues of stock* was as follows:—
1941-42 |
£1,629,434 |
13s. |
11d. |
1942-43 |
£1,867,174 |
19s. |
3d. |
1943-44 |
£1,849,394 |
7s. |
9d. |
1944-45 |
£1,826,721 |
13s. |
3d. |
1945-46 |
£1,808,370 |
7s. |
10d. |
* Not including land bonds.