asked the Minister for Finance the national debt in 1987 and 1988; and the amount of interest both home and abroad required to service same.
Written Answers. - National Debt.
53.
The national debt at end 1987 was £23,694 million and at end 1988 was £24,611 million. Interest payments on the national debt in 1987 and 1988 broken down between payments on domestic and foreign currency debt were:
|
1987 |
1988 |
|
|
£ million |
£ million |
|
|
Interest on domestic debt |
1,213 |
1,259 |
|
Interest on foreign debt |
722 |
702 |