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Dáil Éireann debate -
Wednesday, 17 Dec 1969

Vol. 243 No. 10

Ceisteanna—Questions. Oral Answers. - Foreign Loans.

32.

asked the Minister for Finance how many foreign loans this country has sought in each of the last three years; what is the total amount of money borrowed from foreign sources; how much is repaid; and at what interest rates.

In 1966/67 two loans of £5 million each and in 1968/69 one loan of £5 million were sought and raised abroad by the Government. In 1967/68 no loan was sought. The total amount borrowed abroad is £76.6 million of which £15.3 million has been repaid. Interest rates on outstanding borrowings range from 2½ per cent to 8? per cent; the average being 4½ per cent.

Question No. 33 postponed.

I want to register a protest. I was not informed that either Question No. 28 or Question No. 33 was postponed.

I understand the Chair got late word. I might tell the Minister that Question No. 36 is also postponed.

Question No. 28 has been postponed about four times. If Deputy Sweetman wants to ask a question he should be here to do so.

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