OVERSEAS LOAN POSSIBLE
MR HOLLAND REPLIES TO QUESTION From Our Own Reporter WELLINGTON, April 20. New Zealand may raise a loan overseas to build up its overseas funds. This was indicated by the Prime Minister (Mr Holland) in reply to an inquiry to-night. Mr Holland said that his announcement of the Government’s intention to raise an internal loan did not mean that the Government would restrict its loan -operations to the New Zealand market. In due course consideration would be given to the raising of a loan overseas to pay for essential imports of capital goods such as hydro-electric machinery. No decision on this question had yet been made.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19500421.2.105
Bibliographic details
Press, Volume LXXXVI, Issue 26093, 21 April 1950, Page 8
Word Count
109OVERSEAS LOAN POSSIBLE Press, Volume LXXXVI, Issue 26093, 21 April 1950, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in