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Dáil Éireann díospóireacht -
Wednesday, 15 Dec 1965

Vol. 219 No. 7

Ceisteanna—Questions. Oral Answers. - Postponement of Loan.

28.

asked the Minister for Finance the consequences to the capital programme of the postponement of the twenty million dollar loan; and in what month of 1966 he expects that the loan terms will be offered.

The postponement of the dollar loan will not affect this year's capital programme. I expect to have the loan issued when market conditions have sufficiently improved. I cannot say how soon in the new year this will be.

Is there a possibility the Government may not get this loan at all?

They will go to Paul Singer for it.

As the Deputy knows, that matter was very fully and adequately dealt with yesterday by the Minister for Education, in the absence of the Minister for Finance.

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