asked the Minister for Finance the level of the foreign debt of the semi-State sector at the end of June 1977 and at the end of December 1977, 1978, 1979 and 1980; and the projected figure for the end of 1981.
Written Answers. - Semi-State Sector Foreign Debt.
327.
The equivalent in Irish currency of the foreign currency debt of the semi-State bodies based on exchange rates on the dates in question was estimated as follows:
|
Date |
£m. |
|
30 June 1977 |
360 |
|
31 December 1977 |
401 |
|
31 December 1978 |
473 |
|
31 December 1979 |
660 |
|
31 December 1980 |
1,040 |
The figure for the level of debt at the end of 1981 is not available because the amount of foreign currency borrowing during the year and the exchange rates prevailing at the end of the year cannot be accurately predicted at this stage.