asked the Minister for Finance if he will state in respect of the financial years 1954-55, 1955-56 and 1956-57 the amount of (1) loan repaid by the State to America, (2) the repayments paid in (a) dollars and (b) sterling, and (3) interest paid on the loan.
Ceisteanna—Questions. Oral Answers. - Loan Repayments to American.
As the answer is in the form of a tabular statement I propose, with the permission of the Ceann Comhairle, to have it circulated with the Official Report.
Following is the statement:—
|
Year |
Principal of Loan repaid |
Interest paid |
||
|
U.S. dollars |
Irish currency equivalent |
U.S. dollars |
Irish currency equivalent |
|
|
$ |
£ |
$ |
£ |
|
|
1954-55 |
— |
— |
3,205,000 |
1,143,869 |
|
1955-56 |
— |
— |
3,205,000 |
1,147,463 |
|
1956-57 |
644,197 |
230,839 |
3,203,827 |
1,148,041 |
All payments were made in U.S. dollars.