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Dáil Éireann díospóireacht -
Thursday, 18 Oct 1973

Vol. 268 No. 2

Ceisteanna—Questions. Oral Answers. - Farm Improvements: ACC Applications.

80.

asked the Minister for Finance the number of applications received by the Agricultural Credit Corporation from farmers for the purchase of farm machinery over the past 12 months; and the total sum made available for that purpose during the same period.

81.

asked the Minister for Finance the number of applications received by the Agricultural Credit Corporation from farmers for the purchase of livestock over the past 12 months; and the total sum made available for that purpose during the same period.

82.

asked the Minister for Finance the number of applications received by the Agricultural Credit Corporation from farmers for the erection of farm buildings over the past 12 months; and the total sum approved for that purpose during the same period.

With the permission of the Ceann Comhairle, I propose to answer Questions Nos. 80, 81 and 82 together, in the form of a tabular statement to be circulated with the Official Report.

Following is the statement:

Applications by farmers and sums approved and made available by the Agricultural Credit Corporation in the twelve months to 30 September, 1973.

Purpose

No. of applications

Sums approved

Sums made available

£000

£000

Purchase of farm machinery

3,252

4,805

3,207

Purchase of livestock

6,530

19,770

13,095

Erection of farm buildings (excluding dwellings)

1,604

4,860

3,228

Erection of farm dwellings

1,239

3,755

2,484

Explanatory Note: Because of a variety of factors including delays in arranging security or in completion of buildings sums actually issued in any period may not be comparable to ums approved or applications received.

83.

asked the Minister for Finance the total indebtedness of farmers to the commercial banks over the past 12 months.

Figures supplied by the Central Bank show that advances by the associated and non-associated banks to the agricultural sector at August, 1973, amounted to £129.4 million. This was an increase of £36.5 million over August, 1972.

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