WAR EXPENSES

Otago Daily Times, Issue 26232, 16 August 1946, Page 8

WAR EXPENSES

COST OF £32,000,000 MAINTENANCE OF J FORCE Though he pointed out that the War Expenses Account had been* brought to a stage which might be termed. " mopping-up operations,” Mr Nash announced in his Budget speech that expenditure for this year for the residual costs still chargeable to the account was estimated at £32,000,000. Discussing this account Mr Nash said that it had been possible at this stage to eliminate and transfer to the Consolidated Fund continuing defence items and to limit the use of the account to adjusting unsettled commit 1 ments of the past, meeting the cost of the J Force,, and paying certain items of the rehabilitation programme. The anticipated war expenditure of £32,000,000 was made up as follows: Expenditure for this year for the residual costs still chargeable to the account is estimated at £32,000,000, as follows:

Mr Nash added that the estimates for the Service Departments covered costs connected with the J Force, estimated to amount to £4,000,000, the balance being required to meet ae; counts unpaid at March 31 last and rapidly diminishing charges such as for deferred pay, leave privileges, etc., which would be incurred this year.

£ Navy 1,200,000 Army (including cost of J Force) 11,000,000 Air (including cost of J Force) 2,900,000 U.N.R.RA. 4,100.000 • Reverse lend-lease 1,500,000 Rehabilitation .. .. 8,000,000 Purchase of surplus assets from U.S.A. 1,700,000 Gift of food supplies to Britain 1,000,000 Miscellaneous .. .. 600,000 £32,000,000' Finance for this expenditure would be provided by— £ National Savings .. .. 6.000,000 Frpm U.S.A. Government in reimbursement for war supplies . not eligible for reciprocal aid 3,200,000 Disposal of surplus assets 10.500,000 Sale of reserve stocks and other commodities .. 5,200,000 Miscellaneous receipts 8,100,000 £33,000,000