THE PUBLIC DEBT
REPORT PRESENTED IN HOUSE TOTAL OF £215,000,000 (From Our Parliamentary Reporter > WELLINGTON, Sept. 16. The total amount of public debt outstanding at the end of the financial year ended March 31, 1937, was £215.232,294. This was shown in a report on the repayment of public debt made by the Public Debt Commission and presented in the House of Representatives to-day. The amount of public debt repaid or redeemed during the last financial year under the terms of the Repayment of Public Debt Act, 1925, was £1,691,188, and the aggregate of public debt that had been repaid or redeemed 1 since the passing of the Act was £ 14,963,437. A sum of £1,624,507 was paid to the credit of the public debt repayment account from the ordinary revenue account of the Consolidated Fund, and this sum, together with the balance at the beginning of the year, namely £106,387, was used in the discharge of public debt.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19370917.2.108
Bibliographic details
Otago Daily Times, Issue 23299, 17 September 1937, Page 9
Word Count
157THE PUBLIC DEBT Otago Daily Times, Issue 23299, 17 September 1937, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.