An Analysis of Government Revenue and Expenditure in ... - TARA
An Analysis of Government Revenue and Expenditure in ... - TARA
An Analysis of Government Revenue and Expenditure in ... - TARA
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153<br />
be described as statistics <strong>of</strong> f<strong>in</strong>ancial flows. It is <strong>of</strong> considerable<br />
importance to develop a system for the compilation <strong>of</strong> such statistics,<br />
first <strong>in</strong> relation to the government sector <strong>of</strong> the economy <strong>and</strong><br />
later <strong>in</strong> relation to banks <strong>and</strong> other f<strong>in</strong>ancial <strong>in</strong>stitutions. Statistics<br />
<strong>of</strong> this nature would undoubtedly lead to a clearer underst<strong>and</strong><strong>in</strong>g<br />
<strong>of</strong> the economic relationships between different sectors <strong>of</strong> the<br />
economy <strong>and</strong> would provide a further valuable basis on which<br />
public adm<strong>in</strong>istrators could base their decisions.<br />
A CKNO WLED GEMENT S<br />
The author wishes to acknowledge the assistance he received from<br />
Mr. A. Mulvihill <strong>in</strong> the onerous work <strong>of</strong> compil<strong>in</strong>g the tables <strong>in</strong><br />
this paper.<br />
Mr. M. O'Reilly <strong>of</strong> the Department <strong>of</strong> F<strong>in</strong>ance went to considerable<br />
trouble <strong>in</strong> clarify<strong>in</strong>g for the author the treatment <strong>of</strong><br />
certa<strong>in</strong> f<strong>in</strong>ancial transactions <strong>in</strong> the traditional government<br />
accounts <strong>and</strong> he also provided unpublished <strong>in</strong>formation necessary<br />
for the compilation <strong>of</strong> the accounts presented <strong>in</strong> this paper.<br />
References.<br />
1<br />
National Income <strong>and</strong> <strong>Expenditure</strong>, 1938-44. (Out <strong>of</strong> Pr<strong>in</strong>t.)<br />
2 Symposium on National Income <strong>and</strong> Social Accounts—Journal <strong>of</strong> the Statistical<br />
<strong>and</strong> Social Inquiry Society <strong>of</strong> Irel<strong>and</strong>, 1951-52, Vol. XVIII.<br />
3<br />
Irish Statistical Survey, 1958. <strong>Government</strong> Publications Sale Office, G.P.O.<br />
Arcade, Dubl<strong>in</strong>.<br />
4 National Income Statistics. Sources <strong>and</strong> Methods. London. Her Majesty's<br />
Stationery Office, 1956.<br />
5<br />
A Manual for Economic <strong>and</strong> Functional Classification <strong>of</strong> <strong>Government</strong> Transactions.<br />
United Nations, JNew York, 1958.<br />
TABLE 2.—NET BORROWING OF CENTRAL GOVERNMENT IN 1957-58, CLASSIFIED<br />
BY CATEGORY AND BY SOURCE, WITH CORRESPONDING FIGURES CLASSIFIED<br />
BY SOURCE FOR 1953-54 TO 1956-57.<br />
Category<br />
Banks<br />
Other<br />
companies<br />
Households<br />
<strong>and</strong> un<strong>in</strong>corporated<br />
bus<strong>in</strong>esses<br />
Abroad<br />
Unallocated<br />
Total<br />
1957-58<br />
£ thous<strong>and</strong>s<br />
Deposits less withdrawals plus<br />
<strong>in</strong>terest credited to depositors<strong>in</strong><br />
P.O. Sav<strong>in</strong>gs Bank <strong>and</strong><br />
net borrow<strong>in</strong>g through sav<strong>in</strong>gs<br />
certificates<br />
Exchequer bills<br />
National loan s (new issues) ...<br />
Prize bonds<br />
Other borrow<strong>in</strong>gs<br />
Net sales <strong>of</strong> Irish securities ...<br />
Net sales <strong>of</strong> foreign securities<br />
Net changes <strong>in</strong> balances, etc.<br />
—<br />
1,500<br />
—<br />
—<br />
—<br />
—<br />
44<br />
-326<br />
—<br />
2,500<br />
1,814<br />
339<br />
2,800<br />
623<br />
—<br />
—<br />
2,431<br />
100<br />
7,764<br />
6,447<br />
—<br />
935<br />
—<br />
—<br />
—<br />
400<br />
380<br />
—<br />
—<br />
—<br />
1,903<br />
—<br />
—<br />
—<br />
—<br />
—<br />
—<br />
—<br />
—<br />
228<br />
2,431<br />
4,500<br />
9,958<br />
6,786<br />
2,800<br />
1,558<br />
1,947<br />
-98<br />
Total—1957-58 ...<br />
Total—1956-57 ...<br />
Total—1955-56 ...<br />
Total—1954-55 ...<br />
Total—1953-54 ...<br />
1,218<br />
8,866<br />
6,285<br />
9,087<br />
3,667<br />
8,076<br />
3,357<br />
1,075<br />
4,121<br />
6,609<br />
17,677<br />
14,288<br />
7,433<br />
15,521<br />
17,046<br />
2,683<br />
8,665<br />
7,680<br />
2,088<br />
2,580<br />
228<br />
-488<br />
203<br />
253<br />
-34<br />
Note :—M<strong>in</strong>us sign denotes net purchases or accumulation <strong>of</strong> balances, etc.<br />
29,882<br />
34,688<br />
22,676<br />
31,070<br />
29,868
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