asked the Minister for Finance if he will state how the increase of £20,000,000 in our external assets, during 1946, was made up.
Ceisteanna—Questions. Oral Answers. - External Assets.
The following increases in external assets occurred during 1946. The headings are the same as those of items I (a) to (e), 2, 3 and 4 of the Balance of International Payments Statement for 1945, which was published in the September, 1946, issue of the Irish Trade Journal:—
|
£ million |
|
|
1. Government transactions |
8.0 |
|
2. Changes in External Funds of the Central Bank |
2.7 |
|
3. Banking transactions—changes in net external assets |
7.1 |
|
4. Purchases and sales of securities by private holders through Irish stockbrokers and banks (net) |
2.7 |
This gives a total increase of £20.5 million, which is expected to be offset as to about £1 million by contra movements recorded under items (5) to (9) of the statement.