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Dáil

Ceisteanna—Questions. Oral Answers. - State-Sponsored Bodies External Debt.

asked the Minister for Finance the currencies and amounts in which the external debts of State-sponsored bodies are repayable as of 31 March 1983 or the most recent date for which figures are available and the amount by which the recent devaluation has increased the existing debt in each of these currencies as of 31 March 1983.

Comment on this

The reply is in the form of a tabular statement which I propose to circulate in the Official Report. It consists of a table with 14 lines and six columns.

Foreign currency indebtedness of State-sponsored bodies outstanding at 31 December 1982 at exchange prevailing on:

Comment on this

I should like to direct the attention of the Minister to the Industrial Credit Company. Will he indicate the extra cost of their borrowing as a consequence of devaluation?

Comment on this

I do not have that information at my disposal.

Comment on this

It is one of the bodies concerned and I should have thought it would be included in that list.

Comment on this

The information requested concerns the currencies and amounts in which the external debts of State-sponsored bodies are repayable as at 31 March. The information supplied in the table gives an answer to that in terms of 14 different currencies and gives the figures at five different dates. It also gives the increase in each separate currency due to realignment.

Comment on this

It does not make any reference to any specific body.

Comment on this

If the Deputy wants that information, would he put down a question?

Comment on this

Perhaps somebody did not tot it up, but what is the total increase in the debt arising from devaluation for the amounts in the question?

Comment on this

£77.9 million.

Comment on this

A reduction of foreign borrowing.

Comment on this