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EIRE'S FINANCES

BUDGET INTRODUCED TAXATION NOT ALTERED SETTLEMENT WITH BRITAIN DUBLIN. May 12 No new taxes and no tax reduction marked the Eire Budget, which was introduced> in the Dail to-day by thp Finance Minister, Mr. Sean McEntee, He said £600,000 had been allotted for defence, making the year's total £2,272,314. - The estimated revenue was £31,505,000, and the expenditure. £31,500,090. Interest charges in connection with the British loan were estimated at £425,000 in 1938. Mr. McEntee recalled that the capital value of payments to Britain would have been £100.000,000. and the community, therefore, might feel satisfied that it was advantageous to settle the dVrn for £10,000.000.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19380514.2.67

Bibliographic details

New Zealand Herald, Volume LXXV, Issue 23037, 14 May 1938, Page 15

Word Count
106

EIRE'S FINANCES New Zealand Herald, Volume LXXV, Issue 23037, 14 May 1938, Page 15

EIRE'S FINANCES New Zealand Herald, Volume LXXV, Issue 23037, 14 May 1938, Page 15

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