£78,000,000 SAVING
BRITAIN NOW ABLE TO PAY HER
WAY. BUDGET PARED DOWN. •When the Chancellor of the Exchequer, Mr. Neville Chamberlain, presents tho National Budget next month, probably on April 39, it is anticipated that he will require to make provision for a total expenditure of about £792,000,000. ; ' i ' Immense as this sum is, it will be the first Budget below £800,000,000 for 8 years.
The country is paying its way out of revenue as a result of the drastic economies put into operation for this purpose last September.
It is now clear that the economics then planned actually will be exceeded, and in place of the saving of £70,000,000 the figure will be approximately £78,000,000.
The broad effect of the Government’s drastic policy of economics in expenditure will be about £11,000,000 below that of a year ago.
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Bibliographic details
Patea Mail, Volume LIII, 9 March 1932, Page 4
Word Count
138£78,000,000 SAVING Patea Mail, Volume LIII, 9 March 1932, Page 4
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