asked the Minister for Finance the amount of foreign borrowing in 1980; the percentage of GNP represented by this borrowing; and the additional annual debt remuneration costs arising from this borrowing.
Written Answers. - Foreign Borrowing.
16.
Exchequer foreign borrowing in 1980, excluding sales of domestic Government securities to non-residents, was £566 million net of repayments, equivalent to 6.8 per cent of GNP. The estimated annual interest on this borrowing is £56 million, using current interest and exchange rates.