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Dáil Éireann debate -
Wednesday, 5 Dec 1956

Vol. 160 No. 13

Ceisteanna—Questions. Written Answers. - Creation of Debt.

asked the Minister for Finance if he will state (a) the net amount raised by the creation of debt over the period 1st April, 1950, to 31st December, 1951, inclusive; (b) the balance in the Exchequer at these dates, and (c) within the aforesaid period the total expenditure above and below the line which was defrayed out of borrowed moneys.

asked the Minister for Finance if he will state (a) the net amount raised by the creation of debt over the period 1st January, 1951, to 13th June, 1951; (b) the balance in the Exchequer at those dates, and (c) within the period in question the total expenditure above and below the line which was defrayed out of borrowed moneys.

I propose, with the permission of the Ceann Comhairle, to take Questions Nos. 84 and 85 together and to circulate the answer, which is in the form of a tabular statement, in the Official Report.

Following is the statement:—

£ (million)

(a) Net amount raised by the creation of debt—

Period 1/4/1950 to 31/12/1951 (inclusive)

51.733

,,1/1/1951 to 13/6/1951 (inclusive)

2.658

(b) Balance in Exchequer at

1/4/1950

.503

1/1/1951

.426

13/6/1951

1.471

31/12/1951

.543

(c) Total expenditure “above” and “below the line” defrayed out of borrowed moneys:—

Period 1/4/1950 to 31/12/1951 (inclusive)

51.733

,, 1/1/1951 to 13/6/1951 (inclusive)

1.613

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