I propose, with your permission, a Cheann Comhairle, to take Questions Nos. 11 and 12 together.
As the reply is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to circulate it with the Official Report.
Following is the statement:—
Financial Year
|
Money raised by borrowing
|
Budget Deficit (-) Surplus (+)
|
Amounts raised by taxation and used for capital purpose
|
Special import levies
|
Sinking Funds
|
|
£m
|
£m
|
£m
|
£m
|
1946-47
|
5.8
|
+0.49
|
—
|
1.26
|
1947-48
|
5.01
|
+0.55
|
—
|
1.30
|
1948-49
|
8.95
|
+0.10
|
—
|
1.27
|
1949-50
|
10.54
|
-2.66
|
—
|
2.02
|
1950-51
|
21.69
|
+0.29
|
—
|
2.18
|
1951-52
|
38.94
|
-6.68
|
—
|
2.68
|
1952-53
|
31.59
|
-2.05
|
—
|
3.67
|
1953-54
|
36.43
|
-0.70
|
—
|
4.69
|
1954-55
|
32.96
|
-1.63
|
—
|
4.99
|
1955-56
|
26.38
|
-0.31
|
.05
|
5.66
|
1956-57
|
35.06
|
-5.95
|
4.28
|
6.87
|
1957-58
|
30.98
|
-5.88
|
2.490
|
7.81
|
1958-59
|
21.07
|
+0.16
|
1.79
|
7.46
|
1959-60
|
31.49
|
+1.17
|
1.59
|
7.93
|
1960-61
|
42.29
|
-0.73
|
1.04
|
8.60
|
1961-62
|
44.91
|
-0.71
|
—
|
10.02
|
1962-63
|
51.82
|
-4.85
|
—
|
11.69
|
1963-64
|
52.86
|
-2.22
|
—
|
13.30
|