Page 69 - Records of Bahrain (4) (i)_Neat

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Introduction of reforms, 1923 59

|jlf of the nonoy at no very distant dnto • Thin Y/e ha to floofijdod to «Urr

4 Itruot it will moot with your approval.
3 hulk %nad has agrood to & ha a actually appointed, the
jaottni Dank ltd. no hio state Bank A the balanee nt the Cantona A £he
laily rcooipto are nov/ lodgo In tho Bank. The Bank have agreed to do
M2* thanla generally required of a Bank A will Maintain various funds,
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dtp detailed aoeo unto. Ice op pass-books In Arable, nake nothly payments
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\t the JChullfoh family as direeted A pay all Oovomment Offieials,They
111 In faet assist tho ihuik In all finaneial mattors required of the*,
od will aet in tho capacity of hiu stuta aeeounto Department. This has
Iwady enormously simplified matters A has done av;ay with tho necessity
for $i0aov«:ring efficient & honest accountants,a task of whieh both
tki ohaikB & I wore inclined to dojjpair. Arrangenetata have alrondy boen

*do & insfcruetions isouod to tho Dank to transfer to soparate funds,
Ifro* the general fund,a nonthly sun to moot expenditure wJiioh eon be
dlfinitoly foreuoon rndor various budget headings.This will ensure our
aot having to suddenly draw on tho general funds,which v/o have ear-
■arked to meet expenditure on reforms in. tho adninistrution A publie
wrho. Examples of the separate funds referred to are-
I. Religious festivals fund - a small sum will be transferred to this
monthly & accumulate,to be exponded twice yoarly on Bid presents,
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which aro eustoaary & eannot well,be avoided by the Ruler.
•2. summer *ovo fund - to neet tho extra expenditure involved by the
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annual ouaaor move whieh for various reasons is eonoiderabi/ A
would be aot with great diffiaulty fro* existing allowaneeo oi A1
Rh&lifeh.
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3* Launeh Fund. With tho object of having a sufficient so* in hand
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to aoot oxpendituro on Coal A otoros without drawing on the '
General Fund. etc.
4* A reoerve fund - to which a small monthly sum will bo transferred
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with tho objoot of for* ing a reserve to uoet any unforeseen extax
expenditure by thoRuler, suoh as a state viiit to India or reception
of another Rulor ete.
Apart fro* these payaonts A the Monthly ohdflp«ioa due on tta'1 OlVil'S •
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Ust,tke balaneo of the gonoral fund will bo available for public •