Ceisteanna—Questions. Oral Answers. - External Assets.

2.

Mr. Ryan

asked the Taoiseach if he will state the value of the net external assets of the State at 31st December, 1956, 1957 and 1958, giving in each case a break-down of the amount of the external assets held by the Central Bank, the Associated Banks and Departmental funds.

I propose, with the permission of the Ceann Comhairle, to circulate in the Official Report a statement showing the net external assets of the Central Bank, the Associated Banks and Departmental Funds. The figures are taken from Table 16 of the Report of the Central Bank for 1958/59. As I indicated in replies to previous questions by the Deputy sufficient information is not available on which to base an estimate of the amount of external assets in private hands.

Following is the statement:—

NET external assets of the Banking System and of Departmental Funds.

31st December

Central Bank

Associated Banks

Departmental Funds

Total

£ million

1956

77.3

88.4

17.3

183.0

1957

85.9

90.5

13.5

189.9

1958

87.3

104.9

13.6

205.8