asked the Minister for Finance if the figure for the indebtedness of local authorities at the end of each financial year is included in the figure returned for the national debt.
Written Answers. - Local Authority Indebtedness.
136.
Since the borrowings of the Local Loans Fund are part of the national debt, that part of the indebtedness of local authorities which is due to the fund is in effect included in the national debt figure. The amount in question at the end of each of the last four financial years was:
|
£million |
|
|
31st March, 1966 |
154.6 |
|
31st March, 1967 |
174.1 |
|
31st March, 1968 |
197.0 |
|
31st March, 1969 |
223.6 |