TURK FINANCES.
“A PERFECTLY BALANCED BUDGET.”
LARGE ALLOCATION FOR. DEFENCE.
(United Press Association—Copy right.) LONDON, May 20. The Angora correspondent of the “Daily Telegraph” says that the Turkish National Assembly is considering ■a perfectly balanced budget of £41,500,000,' the highest of the regime. It is allotting £14,500,000 to defence, which, with credits already voted apart from the Budget, will absorb £35,000,000, including £1,250.000 for the navy, principally for submarines.
Transport will be extended and agricultural, mining, and industrial production increased.
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Bibliographic details
Ashburton Guardian, Volume 58, Issue 187, 21 May 1938, Page 7
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80TURK FINANCES. Ashburton Guardian, Volume 58, Issue 187, 21 May 1938, Page 7
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