asked the Minister for Finance the actual expenditure in the years 1959-60 to 1963-64 of the net capital cost of development proposals in accordance with the method of calculation set out in Appendix 1 of the First Programme for Economic Expansion.
Ceisteanna—Questions. Oral Answers. - Capital Cost of Development Proposals.
3.
The answer is in the form of a tabular statement and I propose, with your permission, a Cheann Comhairle, to circulate it in the Official Report.
Following is the statement:
NET Capital Expenditure on items listed in Appendix I of White Paper on First Programme for Economic Expansion (Pr. 4796)
|
£m. |
||||||
|
1959-60 |
1960-61 |
1961-62 |
1962-63 |
1963-64 |
Total |
|
|
AGRICULTURE: |
||||||
|
1.Credit provided through the Agricultural Credit Corporation Ltd. |
0.44 |
0.40 |
0.72 |
1.15 |
2.00 |
4.71 |
|
2.Subsidisation of phosphate fertiliser (a) |
1.58 |
1.23 |
1.37 |
1.55 |
1.74 |
7.47 |
NET Capital Expenditure on items listed in Appendix I of White Paper on First Programme for Economic Expansion (Pr. 4796)
|
£m. |
||||||
|
1959-60 |
1960-61 |
1961-62 |
1962-63 |
1963-64 |
Total |
|
|
FISHERIES: |
||||||
|
Additional boats, harbour development, processing establishments etc. |
0.08 |
0.04 |
0.05 |
0.12 |
0.13 |
0.42 |
|
INDUSTRY: |
||||||
|
1.Industrial Development (General): |
||||||
|
(i)Expansion of credit through Industrial Credit Co. Ltd. |
1.58 |
2.02 |
3.59 |
3.05 |
2.08 |
12.32 |
|
(ii)Research, efficiency, productivity, technical training (b) |
— |
— |
— |
— |
— |
— |
|
2.Irish Steel Holdings Ltd.: |
||||||
|
Extension of steel works at Haulbowline |
0.30 |
1.10 |
1.50 |
1.10 |
1.28 |
5.28 |
|
3.Extension of activities of existing State-sponsored concerns |
0.04 |
0.07 |
0.12 |
1.31 |
1.01 |
2.55 |
|
4.Nitrogenous Fertiliser Project |
— |
— |
0.02 |
1.12 |
1.95 |
3.09 |
|
5.Tourism: |
||||||
|
(i) Hotel accommodation and other catering |
0.05 |
0.06 |
0.12 |
0.26 |
0.32 |
0.81 |
|
(ii) Resort development |
0.02 |
0.03 |
0.06 |
0.09 |
0.18 |
0.38 |
|
(iii) Port facilities |
0.02 |
0.08 |
0.23 |
0.22 |
0.04 |
0.59 |
|
TELEPHONES |
— |
0.65 |
0.95 |
2.23 |
3.16 |
6.99 |
|
TOTAL |
4.11 |
5.68 |
8.73 |
12.20 |
13.89 |
44.61 |
GENERAL FOOTNOTE: The amounts shown in the Table do not represent the total expenditure on development projects during the first programme for economic expansion. The Table does not cover expenditure on projects which were not envisaged when the programme was being prepared.
(a)Net after making deductions for estimated savings on the discontinuance of Section B of the land project. The deductions were £0.25 million for 1959-60 and £0.5 million for each of the other years.
(b)Expenditure arose on these items but was not treated as capital expenditure.