Page 8 - Records of Bahrain (5) (ii)_Neat
P. 8
330 Records of Bahrain
-2-
tho balance from 1350, the Stato hus been compelled
to borrow Rs 31,000/- from the Deposit account.
This account consists of funds, the property of the
public, lodgod with the Government in respect of
Court oases, securities etc.
o • The Reserve Fund of three lacs which is on
Fixed Deposit in India is still intact, but unless
the revenue improves considerably during the second
half year, which I think is unlikely, it will be
necessary to break into this fund in order to repay
the money borrowed from the Deposit account.
^ ’ A comparison between the first six months of
1350 and 1351 shows that the revenue during 1351
had diminished by approximately Rs 40,000/-,
7 ' The expenditure during the first six months of
1350 exceeded the expenditure during the same months
of 1351 by Rs 67,000/- but of this amount Rs 48,000/-
was capitul expenditure on the Muharraq electric
extension so the real reduction in expenditure a
2
amounts to approximately Rs 10,000/- on the half year.
In this connection it must be mentioned that the
economies effected by reorganisation of the Police
Force will not become apparent until during the
second half of the year.
£ Out of the State's total expenditure of hs 400,000/-
(four lacsj during the half year the sum of Rs 214,000/-
(two lacs fourteen thousond) was paid in the Civil
List as salaries to members of the Ruling family which
does not include emoluments for service, the latter
payments being debited under various headings, Judicial,
V/akfs, public protection etc. In spite of the 10#