asked the Minister for Finance if he will give particulars of the public debt for the year 1964-65, and estimate it for 1965-66 in the terms of the reply to Question No. 93 of 7th April 1964.
Ceisteanna—Questions. Oral Answers. - Public Debt.
4.
I would refer the Deputy to my replies to Questions No. 93 of 18 May, 1965 and No. 92 of 8 March, 1966, which contain the required information.
5.
asked the Minister for Finance if he will give particulars of the increase in public debt in terms of the reply to Question 94 of 8th April, 1964, in respect of the year 1964-65, and in respect of the estimated amounts for 1965-66.
As the reply is in the form of a tabular statement, I propose, with your permission, a Leas-Cheann Comhairle, to circulate it with the Official Report.
Following is the statement:—
|
1964-65 |
1965-66 |
|
|
(estimated) |
||
|
(1) Amount by which the public debt increased |
£59 million |
£80 million |
|
(2) (a) Percentage by which the public debt increased |
10.225% |
12.578% |
|
(b) Amount of the public debt at the beginning of the year |
£577 million |
£636 million |
|
(c) Amount of the public debt at the end of the year |
£636 million |
£716 million |
|
(3) Amount paid by way of sinking fund payments expressed as a percentage of the amount of the public debt outstanding at |
||
|
(a) the beginning of the year |
2.165% |
2.478% |
|
(b) the end of the year |
1.964% |
2.201% |
6.
asked the Minister for Finance if he will give for the year 1945-46 and each succeeding financial year, including an estimate for 1965-66 and the forecast figures for 1966-67, in respect of the service of the public debt (1) the amount paid for interest, (2) the amount of sinking fund, (3) the total of (1) and (2), (4) the amount received for interest on Exchequer advances, and (5) the net cost to the Exchequer in each year as represented by the difference between Nos. 3 and 4.
As the reply is in the form of a tabular statement, I propose, with your permission, a Leas-Cheann Comhairle, to circulate it with the Official Report.
Following is the statement:—
|
(1) |
(2) |
(3) |
(4) |
(5) |
|
|
Financial year. |
Interest paid on the public debt. |
Provision made for sinking fund of the public debt. |
Total of cols. (1) and (2) |
Interest received on Exchequer Advances. |
Net cost to the Exchequer as represented by difference between cols. (3) and (4). |
|
£m. |
£m. |
£m. |
£m. |
£m. |
|
|
1945-46 |
3.17 |
0.96 |
4.13 |
1.14 |
2.99 |
|
1946-47 |
3.52 |
1.26 |
4.78 |
1.13 |
3.65 |
|
1947-48 |
3.50 |
1.30 |
4.80 |
1.15 |
3.65 |
|
1948-49 |
3.83 |
1.27 |
5.10 |
1.23 |
3.87 |
|
1949-50 |
4.24 |
2.02 |
6.26 |
1.41 |
4.85 |
|
1950-51 |
4.90 |
2.18 |
7.08 |
1.73 |
5.35 |
|
1951-52 |
5.69 |
2.68 |
8.37 |
2.34 |
6.03 |
|
1952-53 |
7.08 |
3.67 |
10.75 |
2.81 |
7.94 |
|
1953-54 |
9.38 |
4.69 |
14.07 |
3.62 |
10.45 |
|
1954-55 |
10.58 |
4.99 |
15.57 |
4.41 |
11.16 |
|
1955-56 |
11.80 |
5.66 |
17.46 |
5.08 |
12.38 |
|
1956-57 |
13.38 |
6.87 |
20.25 |
5.64 |
14.61 |
|
1957-58 |
15.06 |
7.81 |
22.87 |
6.47 |
16.40 |
|
1958-59 |
14.68 |
7.46 |
22.14 |
7.04 |
15.10 |
|
1959-60 |
15.80 |
7.93 |
23.73 |
7.06 |
16.67 |
|
1960-61 |
17.77 |
8.60 |
26.37 |
7.48 |
18.89 |
|
1961-62 |
19.61 |
10.02 |
29.63 |
7.91 |
21.72 |
|
1962-63 |
21.11 |
11.69 |
32.80 |
8.42 |
24.38 |
|
1963-64 |
23.85 |
11.78 |
35.63 |
9.03 |
26.60 |
|
1964-65 |
27.73 |
12.49 |
40.22 |
9.72 |
30.50 |
|
1965-66(estimate) |
32.63 |
15.76 |
48.39 |
10.96 |
37.43 |
|
1966-67(forecast) |
38.57 |
16.86 |
55.43 |
11.74 |
43.69 |