Page 22 - Records of Bahrain (7) (i)_Neat

8 Records of Bahrain

4.
(about 80 lokhs of rupees or £607,500) wont to the

Ruler's privy purse, Public works also accounted
for a relatively large expenditure, The estimates
for the following year - 1373, or October 1953 to
September. 1954 - reveal that while expenditure all
round will increase, as will revenue, because of the
full effect of the 50-50 oil agreement made between
the Bahrain Government and the Bahrain Petroleum
Company in 1952, the largest single increase in

expenditure is in the payment to the Ruler's privy
purse which g?ows from 80 lakhs or £607,500 to 1202
lakhs or £965,625. The report comments "if all new
works schemes were excluded from the budget the
revenue from sources other than oil would be

sufficient to pay for the administration and running
of the state on the present scale. The total
revenue (for 1373), without oil, is 121 lakhs (or
£907,500). The total expenditure, excluding the
one-third of the oil revenue which is paid to the
Ruler, new works and projects, and without a

contribution to the Reserve Fund, is 119* lakhs
(or £896,250)."
8. I have discussed this Annual Report of
the Bahrain Government in some detail because I
consider that today, in the light of general

experience here over the last six months or so when
Bahrain has been subjected to internal political

/agitation

ft

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