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Dáil Éireann debate -
Tuesday, 31 Mar 1981

Vol. 328 No. 3

Written Answers. - Foreign Debt Figures.

379.

asked the Minister for Finance the level of the foreign debt of the Exchequer and the semi-State sector at the end of June 1977 and at the end of December in 1977, 1978, 1979 and 1980; and the projected figure for the end of 1981.

It has not been possible in the time available to assemble the information requested by the Deputy regarding the semi-State sector. If the Deputy will repeat this part of the question in two weeks' time I hope to be in a position to supply the information.

The Exchequer foreign debt figures requested by the Deputy are:

Date

£million

30 June 1977

1,013

31 December 1977

1,039

31 December 1978

1,064

31 December 1979

1,542

31 December 1980 (estimated)

2,200

Exchequer foreign borrowing is decided from time to time during the year having regard to the Exchequer's financing needs, sales of domestic securities and the position of the external reserves. Therefore, a projected figure for the Exchequer foreign debt at 31 December 1981 is not available. All the above figures relate to Exchequer foreign debt in currencies other than Irish pounds.

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