asked the Minister for Finance if he will itemise the Ways and Means Advances of £15,933,000 stating in regard to each item when and from where the advance was obtained and the rate of interest paid upon it.
Ceisteanna—Questions. Oral Answers. - Ways and Means Advances.
As the reply is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to have it included in the Official Report.
Following is the reply:—
BORROWING ON WAYS AND MEANS ADVANCES, 1949/50.
|
Date |
Amount |
Source from which borrowed |
Rate of Interest per annum |
|
1949 |
£ |
||
|
September 23 |
2,000,000 |
General balance of the Paymaster-General. |
Interest free |
|
,, 30 |
1,500,000 |
do. |
do. |
|
October 31 |
625,000 |
Post Office Savings Bank Fund |
1½% |
|
,, 31 |
225,000 |
Unemployment Fund Investment Account. |
do. |
|
November 30 |
1,302,000 |
Post Office Savings Bank Fund |
do. |
|
,, 30 |
48,000 |
Savings Certificates Reserve Fund |
do. |
|
,, 30 |
50,000 |
Pensions Investment Account |
do. |
|
December 9 |
200,000 |
General balance of the Minister for Posts and Telegraphs. |
Interest free |
|
,, 9 |
300,000 |
General balance of the Paymaster-General |
do. |
|
,, 21 |
500,000 |
American Loan Counterpart Fund |
1½% (subject adjustment) |
|
,, 30 |
4,000,000 |
do. |
do. |
|
1950 |
|||
|
March 30 |
4,000,000 |
do. |
do. |
|
,, 31 |
1,034,000 |
Post Office Savings Bank Fund |
1½% |
|
,, 31 |
149,000 |
Unemployment Fund Investment Account. |
do. |
|
£15,933,000 |
asked the Minister for Finance if he will itemise the Ways and Means Advances outstanding on 31st March, 1950, stating in each case to whom the advance is due to be repaid and the rate of interest payable upon it.
As the reply is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to have it included in the Official Report.
Following is the reply:—
DETAILS OF THE WAYS AND MEANS ADVANCES OUTSTANDING AT 31/3/1950
|
Amount |
Source from which borrowed |
Rate of Interest per annum |
|
£ |
||
|
3,300,000 |
General balance of the Paymaster-General |
Interest free |
|
200,000 |
General balance of the Minister for Posts and Telegraphs |
do. |
|
2,806,000 |
Post Office Savings Bank Fund |
1½% |
|
374,000 |
Unemployment Fund Investment Account |
do. |
|
48,000 |
Savings Certificates |
|
|
Reserve Fund |
1½% |
|
|
50,000 |
Pensions Investment Account |
do. |
|
8,500,000 |
American Loan Counter-part Fund |
do. |
|
(subject to adjustment) |
||
|
£15,278,000 |
TOTAL |