Page 215 - Records of Bahrain (4) (ii)_Neat

State finances, 1928-1932 517

BUDGET - 1360
• ••

Revonue. Customs reooiptn include the 5customs duty,
which is the mein source of revenue, pier fees, biladya
tax and the royalty paid by tho Landing Company to the
State.
Tho budgeted figureu hnye boon eotinated by me aftor
considering tho ootuol receipts of the first ten months
of 1349, owing to my proceeding on leave before the ond
of the eleventh month I am unable to examine the figures
for the whole year,
for the firct ten months of 1349 tho diatoms receipts,
excluding Khnnohio, wore Hx 4,62,Q00/-.

I have estimated in the Budget for 1350 that the customs
reoeipts excluding Khanohia, will show a decrease of Hi
fb 14.000/- throughout the oompletod year, when oompared
with tho 1149 collections, presuming that the last two months
1349 produce a similar average to the first ten months of
that year.
On customs reoeipts of Ha 5,40,000/- which is the esti­
mated amount for 1350, the Khnnohio at the existing rate
would amount to lb 60,000/- thus bringing the total oustoas
rooeipta up to six laos only for the whole year; This six
loos, with tho addition of tho other items of revenue whioh
the Sts to derives from oil other sources would then fall
ohort of the required sum whioh is absolutely nsooss&ry to
oover the ordinary recurrent expenditure, whioh has been
reduced to tho vory minimum aaount, by one Iso of rupees*
Without drawing ogoin heavily on the Reserve fund *it would
be impossible to cover the ordinary expenditure during the
ooming year. The Revenue must be raised by one lao of
rupees*

On examining the State's present sources of inoone, opart

,