STATE DEFICITS
Commonwealth Grant
CANBERRA, May 28. The chairman of the Loan Council announced to-night that the Commonwealth is prepared to grant £500,000 to the States for the purpose of reducing their deficits and to grant the distribution on a population basis. The State Governments have undertaken to reduce their deficits by like amounts in the next financial year. The loan programme is now receiving consideration
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HBTRIB19350529.2.30
Bibliographic details
Hawke's Bay Tribune, Volume XXV, Issue 139, 29 May 1935, Page 5
Word Count
66STATE DEFICITS Hawke's Bay Tribune, Volume XXV, Issue 139, 29 May 1935, Page 5
Using This Item
NZME is the copyright owner for the Hawke's Bay Tribune. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.