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Dáil Éireann debate -
Tuesday, 20 May 1969

Vol. 240 No. 9

Written Answers. - Borrowings by State and Semi-State Bodies.

123.

asked the Minister for Education the increase in the amount borrowed by State and semi-State bodies under the aegis of his Department between 31st March, 1956 and 31st March, 1969; and the increase in the cost of servicing this amount for the same years.

There are no semi-State bodies functioning under the aegis of this Department.

124.

asked the Minister for Social Welfare the increase in the amount borrowed by State and semi-State bodies under the aegis of his Department between 31st March, 1956, and 31st March, 1969; and the increase in the cost of servicing this amount for the same years.

The only body in question under the aegis of my Department is the Board for the Employment of the Blind. The board was not formed until 1957.

The total amount borrowed by the board since its inception consists of a mortgage loan, £55,000, which was secured towards the purchase of the board's premises at Ardee Road, Rathmines. This loan, effective from 8th December, 1966, is repayable over a period of 35 years in six-monthly instalments made up of a proportion of the repayment of principal and a proportion of the accrued compound interest at 7 per cent per annum.

125.

asked the Minister for Industry and Commerce the increase in the amount borrowed by State and semi-State bodies under the aegis of his Department between 31st March, 1956 and 31st March, 1969; and the increase in the cost of servicing this amount for the same years.

Of the bodies under the aegis of my Department six have no debts and are not included in the reply. Of the remaining seven only two were in existence at 31st March, 1956. The figures for increases show the increase from 1956 in respect of these two bodies and from the date of establishment in the case of the others. Up to 31st March, 1969, or the latest available date, the increase in the amount borrowed is £11,050,364 and in the cost of servicing £699,170.

126.

asked the Minister for Health the increase in the amount borrowed by State and semi-State bodies under the aegis of his Department between 31st March, 1956, and 31st March, 1969; and the increase in the cost of servicing this amount for the same years.

As stated in my replies to previous similar questions the bodies with which I am concerned receive support in the form of grant from my Department and, except by way of temporary bank overdraft, the question of borrowing does not arise.

127.

asked the Minister for Lands the increase in the amount borrowed by State and semi-State bodies under the aegis of his Department between 31st March, 1956, and 31st March, 1969; and the increase in the cost of servicing this amount for the same years.

There are no State or semi-State bodies under the aegis of the Department of Lands.

128.

asked the Minister for the Gaeltacht the increase in the amount borrowed by State and semi-State bodies under the aegis of his Department between 31st March, 1956, and 31st March, 1969; and the increase in the cost of servicing this amount for the same years.

Is mar seo a leanas atá na sonraí (gan rótharraingtí bainc á áireamh).

Gaeltarra Éireann: Ní raibh an Bord ann ar 31st Márta, 1956. Ar 31 Márta, 1969, bhí iomlán £555,000 a airleacadh as an bPríomh-Chiste tar éis 1 Aibreán, 1965, nach mbeidh inaisíochta go dtí cibé dáta a chinnfidh an tAire Airgeadais tar éis dó dul i gcomhairle liomsa.

Arramara Teoranta (gan scaireanna a áireamh): Ní raibh aon iasacht ann ar 30 Meán Fómhair, 1956. Ar 30 Meán Fómhair, 1968, bhí—

fuílleach £2,658 d'iasacht mhorgáiste á aisíoc trí bhlianacht £233.12. 6, agus

fuílleach £5,645 d'airleacain á aisíoc de réir a ndíoltar de tháirgí.

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