Page 21 - Bahrain Gov Annual Reports (I)_Neat
P. 21

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                   7. When the second Budget was made for 1344, the
             separate accounts then existing, which nunbered about
             a dozen, were all merged into three, the Consolidated
             Fund, the Deposit account, and the Survey Aocount.
             Various amounts which were held in the oustody of the
             Government, such as deposits made by Brokers, Police,
             and monies due to the various Court Cases, are inoluded
             in the Deposit Account,   For this reason the total cash

             in the deposit account is shown as an asset and certain
             amount is shown on the Debit side of the Budget as due
             to the Deposit Account.
                   8.  With reference to paragraph 4; the estimated
             expenditure for 1345 is necessarily large owing to payments
             for several important Public Works falling due during the
             year, such as the ShaiVzh*3 Dew Palace in Manama, the
             Sea Road, and the State Offloes, and also payment for most
             of the wells under the well-boring contract.
                   9.  At the sane time I would point out that the
             amount of Bs. 1,00,000/- 3et apart for the Eleotrio Power
             Soheme, can be considered as a reserve, as it is unlikely

             that the State will be committed to any such soheme during
             the year.   It is certain that at the most only half of
             the allotment for the upkeep of Roads will be spent, and
             it is also sure that a saving of atleast half of Rs. 25,000/-
             for compensation in land Cases, will be effected,   The
             expenditure on Education is shown at Rs. 36,000/- whereas
             the total expenditure is Rs. 12,000/- and the balance is
             merely set aside for future developments in this direction.
                   10.  It is quite understood that the expenditure
             for 1344 is out of proportion to the Revenue,   This Is
             owing to the various Public Works mentioned above.
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