asked the Minister for Finance the National Debt at the 31st March, 1961, and the amount of interest paid on it during the year 1960-61.
Ceisteanna—Questions. Oral Answers. - National Debt.
9.
The National Debt at 31st March, 1961, amounted to £451 million. The interest paid on the Debt during the year 1960/61 was £17.8 million.
Is it not important to emphasise for the information of the public that that is the figure of the gross national debt and that there is set off against that a certain volume of assets to which regard should be had in determining the proper national debt? Is that not so?
Yes.