Page 185 - Bahrain Gov Annual Reports (I)_Neat

183
No. 1 ~S/SF of 13£?>
Office of the Adviser to
the Government, Bahrain.
Dated, C. 13^

From
The Financial Adviser to
the Government,
Bahrain,
Persian Gulf.

To
H. B. Li's Political Agent,
Bahrain.

Sir,
I have the honour to forward herewith the annual

report of the Bahrain State for 1349 together with new
Budget for 1350. This is the sixth budget which I

have had the honour of submitting to you.
The year 1349 has been a very disastrous one finan­

cially, the revenue of the State has decreased to an

alarming extent, With the exception of work on the
lienamah-lduharraq. road, the building of the Quarantine S

and the payment of the balance of the Ihnamah Electric
scheme, no important new works have been carried out. :
It has been necessary to draw on the funds, which

are invested in Bombay, to the extent of Rs 1,70,000/-.

At the end of 1348 the total balance of the State,s
funds was Rs 3,40,365/- not including Rs 300,000/- reserve.

the end of 1349 the total balance was Rs l,13,856/-/2.
fcnd a reserve fund of Rs 3,00,000/-.

when making the budget for 1349 I was aware that the
year was likely to be a bad one and therefore I allowed
f°r a decrease in the revenue of Rs 83,000/- less than