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West German Budget

(N.Z.P.A.-Reuter—Copyright.) BONN, April 13. A record 1962 Budget of 53,404 million marks (about £4768 million) was approved yesterday by the West German Bundesstag (.Lower House). The Budget provides an estimated 15.000 million marks (about £1432 million) on defence, about one-third of total spending. The Budget, which shows a deficit for the first time since the West German State was set up in 1949, needs a second reading before the Bundersrat (Upper House) on May 11 before it can become law.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19620417.2.174

Bibliographic details

Press, Volume CI, Issue 29800, 17 April 1962, Page 18

Word Count
83

West German Budget Press, Volume CI, Issue 29800, 17 April 1962, Page 18

West German Budget Press, Volume CI, Issue 29800, 17 April 1962, Page 18

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