asked the Minister for Finance if he will state for each of the years 1948-49 to date the cost of the service of the public debt, showing for each year the cost of (a) the interest charge and (b) the sinking fund, and indicating for each year the amount received by way of interest on Exchequer advances; and if he will give an estimate of such cost, itemised as above, for the year 1958-59.
Written Answers. - Service of Public Debt.
Following is the information requested:—
£million
|
Year |
Service of the Public Debt |
Interest received on Exchequer dvances (including dividends on shares and receipts from American Loan Counterpart Fund to cover interest and principal payments on the loan included in columns (b) and (c) respectively) |
||
|
Interest |
Sinking Fund |
Total Service charge |
||
|
(a) |
(b) |
(c) |
(d) |
(e) |
|
1948-49 |
3.834 |
1.268 |
5.102 |
1.329 |
|
1949-50 |
4.237 |
2.023 |
6.260 |
1.497 |
|
1950-51 |
4.897 |
2.183 |
7.080 |
1.852 |
|
1951-52 |
5.694 |
2.684 |
8.378 |
2.418 |
|
1952-53 |
7.084 |
3.667 |
10.751 |
3.462 |
|
1953-54 |
9.377 |
4.694 |
14.071 |
4.859 |
|
1954-55 |
10.575 |
4.995 |
15.570 |
5.647 |
|
1955-56 |
11.801 |
5.659 |
17.460 |
6.339 |
|
1956-57 |
13.375 |
6.866 |
20.241 |
7.146 |
|
1957-58 |
15.063 |
7.812 |
22.875 |
7.977 |
|
1958-59 (Estimate) |
16.345 |
8.267 |
24.612 |
8.565 |