Page 43 - Bahrain Gov Annual Reports (I)_Neat

43

GOVJSniOflJEJiT O'F BAHKAlH

Ho. i«r/ n. of 19*6
Office of the Adviser to
the Government, Bahrain.
Dated, 8th Safar, 1346

To
The H. B. U* s Political Agent,
Bahrain.

Sir,
I have the honour to forward herewith the
new Budget for the year 1346 together with the annual
returns and explanatory notes showing particulars of
revenue and expenditure for 1345.

The Budget. 1346. The Budget is, as usual,

on an extremely conservative basis. The receipts are
estimated low and the expenditure is estimated high.
Last year a revenue of 2s 7,50,000/- was estimated for
Customs Receipts which actually amounted to 2s 9,62,051/-,
✓
therefore for the new year I have estimated Customs
Receipts at 2s 8,50,000/-. Last year was admittedly
a very poor year owing to a bad pearl season. Thl 8
year the pearl season is, so far, tetter than it h&B
been for the last three years. it can be safely

expected that trade will improve to a corresponding
extent. At the same time a margin of one lakh,
as against lastpyear's actuals, has been allowed
in the estimated revenue to cover any unforseen
falling off.