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Dáil Éireann debate -
Wednesday, 14 Jul 1954

Vol. 146 No. 11

Ceisteanna—Questions. Oral Answers. - Marshall Aid.

asked the Minister for Finance if he will state the total amount of Marshall Aid received to date (a) by way of grant, (b) by way of loan, (c) the amount paid to date by way of interest and sinking fund charges and the dates of such payments, (d) the amount to be paid in the current financial year by way of interest and sinking fund charges, (e) the total amount payable including principal, interest and sinking fund charges in subsequent financial years, (f) the total amount in principal and interest which will have been paid when repayments of the Marshall Aid Loan have been completed and (g) the date on which repayments of the Marshall Aid Loan will end.

As the answer to the Deputy's question is in the form of a series of particulars, I propose, with the permission of the Ceann Comhairle, to include it in the Official Report.

Following is the statement:—

Marshall Aid receipts and repayments— approximate equivalent in Irish currency.

£ million

(a)

6.50

(b)

40.70

£ million

(c)

Interest

31/12/52

0.57

30/6/53

0.57

31/12/53

0.57

30/6/54

0.57

——

2.28

(d)

1.14

(e)

68.81*

(f)

71.66*

(g)

31st December, 1983.

*At current rate of exchange.

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