asked the Minister for Finance if he will state in respect of each of the funds under his control at 31st March, 1955, (a) the total amount of the fund, (b) the amount held in British or other foreign securities and (c) the amount lent to him through purchase of State securities by the fund or in ways and means advances to the Exchequer.
Ceisteanna — Questions. Oral Answers. - Government Funds.
As the reply is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to have it circulated in the Official Report.
Following is the statement:—
INVESTMENT FUNDS UNDER CONTROL OF MINISTER FOR FINANCE.
|
Total Amount of Fund |
Amount held in British or other foreign Securities |
Amount held in Irish Government Securities, including Ways and Means Advances to Exchequer |
|
|
£ |
£ |
£ |
|
|
Savings Bank Fund |
82,394,589 |
27,833,111 |
48,499,160 |
|
Social Insurance Fund |
14,053,764 |
3,910,874 |
6,984,078 |
|
Supplementary Unemployment Fund |
28,458 |
— |
12,422 |
|
Woods and Forests Fund |
711,823 |
— |
491,411 |
|
Assets of former Teachers' Pension Fund |
1,391,395 |
— |
482,165 |
|
National Development Fund |
5,015,648 |
— |
5,000,000 |
|
Savings Certificates Reserve Fund |
6,412,441 |
5,634,704 |
700,000 |
|
American Loan Counterpart Fund |
41,481,787 |
— |
40,500,000 |
|
Church Temporalities Account |
2,439,535 |
239,964 |
1,577,740 |
|
Rents and Interest Surplus Account |
523,429 |
— |
— |
|
National Loans Sinking Funds |
1,349,462 |
330,105 |
— |
|
Escheated Estates Fund |
117,996 |
2,000 |
— |
|
Capital Services Redemption Account |
32,142 |
— |
— |
|
Foreign Exchange Account |
3,616,306 |
343,402 |
— |