The Archive · 1938

Funded and Floating Debts of the Reich

Berlin, Feb. 23.

The funded debt of the German Reich amounted to 13854.000.000

Marks debt obligations in German currency and 1,396,000,000 Marks debt obligations in foreign currency on December 31, 1937, making a total of 15,250,000,000' Maris according to a statement issued by the Reichs Finance Ministry here to-day.

The floating debt on the same date amounted to 2388000000 Marks.

Through the new Reichs loan issued in January the funded debt has however increased in the meantime by 1,200,000,000 Marks while the floating debt has been decreased correspondingly.

Since the tax receipts for the fiscal year 1938-9 are estimated at 17,000.- 000.000 Marks the funded debt of 16,450,000,000 Marks is actually less than the tax income expected in the next fiscal year.—Trans-Ocean.

Text read from the printed page and cleaned; old type leaves the occasional error.

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