Page 133 - Records of Bahrain (5) (ii)_Neat
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                                Revenue-expenditure budgets               455


                                  2 -

           Rs. 4 lakli3 towards the coot of the Y/ar, the net reduction in
           expenditure was Rs 3,61,062.   Of this the most important item
           was a  decrease of Rs 3 lakhs in Public Y/orks expenditure due to
           the non-completion of the Manama - Muharraq bridge,   For the
           current year it is estimated that expenditure will amount to
           Rs 29,55,000, but there is likely to be on increase under the
           head "Experimental Farms" (which might be replaced by the
           more usual head "Agriculture"), on the arrival of the Agricul­
           tural Expert from Egypt as, in addition to paying him, it will
           be necessary to form a small deportment in order to enable him
           to function at all.

                  If the new Principal of the Technical College arrives
           a further increase under the head "Education" will result.
                  The most outstanding point is that the Ruling Family
           is likely to take a reduction in income of about Rs 2 lakhs
           in the current year.
             4.   Investment Surplus
                  My predecessor, in his notes on last year's budget,
           considered that the estimated sum of Rs 13 lakhs for investment
           would be exceeded and this has proved correct, as it was possible
           to add a sum of over Rs 16^ lakhs to the Reserve at the end of
           1359.   The present situation is not favourable for making fore­
           casts but it is possible and even probable that the estimated
           surplus of Rs 6 lakhs for the year 1360 will be exceeded by 2
           or 3 lakhs.
             5.   Submission of the budget has been delayed owing to

           errors in calculation of figures by the Adviser which necessi­
           tated his rewriting part of the notes.
                                            I have the honour to be,
                                                     Sir,
                                           Your most obedient servant,





                                            Political Agent, Bahrain. •
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