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Dáil
‹ Ceisteanna—Questions. Oral Answers. - External Borrowings.

Exchange-Rate Effects on National Debt

Summary

Kelly asked how much the Deutschemark’s appreciation had increased the Irish national debt in Irish-pound terms. The Ceann Comhairle ruled it a separate question, and no answer was given.

Can the Minister tell the House, in round figures, by how much the gross Irish national debt has become inflated in Irish pounds as a consequence of the recent upward movement in the value of the Deutschemark and the downward movement——

Comment on this
Thomas J. Fitzpatrick An Ceann Comhairle Fine Gael

That is a separate question, Deputy Kelly.

Comment on this

I appreciate that but perhaps the Minister has the information.

Comment on this
Thomas J. Fitzpatrick An Ceann Comhairle Fine Gael

It is not even reasonably associated with it.

Comment on this

I have heard sheep called in from much further away valleys than that in my time here.

Comment on this