Page 9 - Records of Bahrain (5) (ii)_Neat
P. 9
Revenuc-expenditure budgets 331
-3-
10M reduction last year the Civil List still
absorbs 62$ of the total revenue.
It has been stated in the past that the Civil
List should not exceed half the total revenue, if,
during the period under review, the Civil List hod
been 50$ only the difference would have been Rs 41,000/-
which would have covered the deficit on Customs
receipts.
1 have the honour to be,
Sir,
Your Obedient Servant,
Sd/ C. D. Belgrave.
Adviser to the Government.