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Dáil Éireann díospóireacht -
Tuesday, 16 Jul 1963

Vol. 204 No. 7

Ceisteanna—Questions. Oral Answers. - Public Debt.

11.

asked the Minister for Finance (1) the amount by which the public debt increased in each of the years (a) 1956-57, (b) 1961-62 and (c) 1962-63; (2) the percentage by which the public debt increased in each of the three years stating the figures for the beginning and end of these years; and (3) the amount paid by way of sinking fund payments in each of these years expressed as a percentage of the amount of the public debt outstanding at (a) the beginning and (b) the end of the year in question.

As the answer is in the form of a tabular statement, I propose, with the permission of the Ceann Comhairle, to circulate it with the Official Report.

Following is the statement:

1956-57

1961-62

1962-63

(1)Amount by which the public debt increased

£33 million

£37 million

£43 million

(2)(a) Percentage by which the public debt increased

10.68%

8.20%

8.81%

(b)amount of the public debt at the beginning of the year

£309 million

£451 million

£488 million

(c)amount of the public debt at the end of the year

£342 million

£488 million

£531 million

(3)Amount paid by way of sinking fund payments expressed as a percentage of the amount of the public debt outstanding at

(a)the beginning of the year, and

2.222%

2.221%

2.396%

(b)the end of the year

2.008%

2.052%

2.202%

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