Page 139 - Records of Bahrain (4) (ii)_Neat
P. 139

State finances, 1928-1932                 441



                                          No.               of 1340
                                          Office of the Adviser to
                                          the Government, Bahrain.
                                          Dated, ^c^Maharam 1348
                                                   V,e



                   To
                        II. B. M's Political Agent,
                                  Bahrain.





                   Sir,
                          I have the honour to forward herewith the

                   State Budget for 1340 together with a summary
                   of Revenue and Expenditure for 1347 with expla­
                   natory notes on same.
                          1348 Budget. This is the fourth Budget
                   which I have had the honour to submit.
                          REVENUE. Again this year I have increased

                   the estimate of Revenue from Customs Receipts,
                   which is the State's chief source of wealth.
                          Last year this item was estimated at
                   Rs. 9,00,000/-.   This year I have increased
                   it to Rs. 9,60,000/- allowing a margin  of one
                   lac between the actual receipts for 1347 and the
                   estimated receipts for 1348.   It would be dan­
                   gerous to budget for a larger amount, a3 it is
                   generally thought that trade prospects for the

                   coming year are not as promising as at the begin­
                   ning of last year,   This is owing to the dis-
                   turbed conditions on the mainland  »  the exclusion
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