(South Tipperary) asked the Minister for Finance if he will itemise State borrowing from all sources for the first nine months of the year 1965-66 and for the corresponding period in the year 1964-65.
Ceisteanna—Questions. Oral Answers. - State Borrowing.
23.
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:
State borrowing from all sources.
|
1st April, 1965 to 31st December, 1965 |
1st April, 1964 to 31st December, 1964 |
|||||
|
Amount Received |
Amount Repaid |
Net Receipts |
Amount Received |
Amount Repaid |
Net Receipts |
|
|
£ |
£ |
£ |
£ |
£ |
£ |
|
|
Ways and Means Advances |
46,896,500 |
41,490,000 |
5,406,500 |
45,110,000 |
26,030,000 |
19,080,000 |
|
Exchequer Bills |
253,500,000 |
244,200,000 |
9,300,000 |
124,500,000 |
124,500,000 |
— |
|
Bank Advances |
2,000,000 |
2,000,000 |
— |
6,700,000 |
6,700,000 |
— |
|
Tax Reserve Certificates |
457,380 |
155,537 |
301,843 |
540,000 |
203,331 |
336,669 |
|
Savings Certificates |
4,025,000 |
2,655,000 |
1,370,000 |
5,070,000 |
2,225,000 |
2,845,000 |
|
Telephone Capital Acts, 1924-63 |
4,0000,000 |
— |
4,000,000 |
3,500,000 |
— |
3,500,000 |
|
Prize Bonds |
4,328,695 |
2,101,000 |
2,227,695 |
5,513,700 |
1,909,000 |
3,604,700 |
|
6% Exchequer Loan, 1985/90 |
— |
— |
— |
18,700,000 |
— |
18,700,000 |
|
National Bonds, 1966-77 |
1,250,000 |
— |
1,250,000 |
— |
— |
— |
|
6% Funding Loan, 1969 |
21,937,500 |
— |
21,937,500 |
— |
— |
— |
|
6¼% National Loan, 1986-91 |
24,142,625 |
— |
24,142,625 |
— |
— |
— |
|
Other Borrowings |
5,620,337 |
9,662,665 |
-4,042,328* |
8,766,313 |
6,966,590 |
1,799,723 |
|
£ |
368,158,037 |
302,264,202 |
65,893,835 |
218,400,013 |
168,533,921 |
49,866,092 |
* The excess of repayments over receipts was due to the repayment of earlier borrowings.
24.
asked the Minister for Finance if he is satisfied that present fiscal arrangements are adequate to rectify the economic difficulties.
I propose to deal with the subject matter of this question when speaking on my motion regarding the Report of the National Industrial Economic Council on the Economic Situation, 1965, which is on today's Order Paper.