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

Government Borrowing Rates and Lending Charges

Summary

Wilson asked whether the Government borrowed from Germany more cheaply than it charged farmers and others; the Ceann Comhairle ruled this a separate question. Kelly remarked that it would be welcome for the State to make money.

Is it true that the Department of Finance make a profit on the rates? Are the Department of Finance getting the money at a lower rate from the Federal Republic of Germany than it is charging to farmers and others?

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Thomas J. Fitzpatrick An Ceann Comhairle Fine Gael

They are also separate questions.

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It would be nice to see the State making money for a change.

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