(South Tipperary) asked the Minister for Finance if he will give in respect of past five calendar years the annual figure for (a) Central Government borrowing, (b) independent borrowing by local authorities from sources other than the Government, (c) borrowing by semi-State concerns from sources other than the Government, and (d) the total of these borrowings as a percentage of the GNP for each year.
Ceisteanna—Questions. Oral Answers. - Borrowing Statistics.
4.
As the answer 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:
Year ended 31st March (see note)
|
1961 |
1962 |
1963 |
1964 |
1965 |
|
|
£ million |
|||||
|
Borrowing by— |
|||||
|
(a) Government |
42.29 |
44.91 |
51.82 |
52.86 |
68.00 |
|
(b) Local authorities from sources other than the Government |
1.60 |
1.61 |
1.27 |
2.03 |
1.50 |
|
(c) Semi-State concerns from sources other than the Government |
3.59 |
3.46 |
15.23 |
8.90 |
18.97 |
|
TOTAL |
47.48 |
49.98 |
68.32 |
63.79 |
88.47 |
|
(d) Total borrowing as a percentage of GNP |
7.0% |
6.9% |
8.8% |
7.7% |
9.3% |
(a) NOTE: The figures for borrowing relate to financial years ending 31st March, as the bulk of the information regarding borrowing is more readily available on that basis.