News from White Hall – Parliament Approved “Small Man’s” Budget, Consultation on the Steelband, Looking into 1973, Backyard Gardening Campaign, Telecommunication now with the Outside World

Title: News from White Hall – Parliament Approved “Small Man’s” Budget, Consultation on the Steelband, Looking into 1973, Backyard Gardening Campaign, Telecommunication now with the Outside World
Author Williams, Eric Eustace,
Abstract: Both Houses of Parliament – the House of Representatives and the Senate have completed debate on the 1973 Budget and have given their approval.

The planned expenditure for 1973 is $586,300,00 built up as follows:

Current expenditure …………………. $427,400,000

Loans to Statutory Authorities ……..    20,900,000

Capital Re-payments ………………….    25,500,000

Development Expenditure ………….  112,500,000

The financing for this expenditure will come from the following sources:-

Recurrent Revenue …………………..… $463,300,00

Capital Receipts other than loans……    30,500,000

Local Loans …………………………………   49,000,000

Institutional Loans (Foreign) …………   13,000,000

Foreign Market Loans ……………..     30,500,000

Naturally, most public attention has been centered on the taxation measures detailed in the speech by the Minister of Finance, Mr. George Chambers, on 5th January, 1973

Media Type : Publication
Collection Series:
Dr. Eric E. Williams Speeches
Holding Location: Ministry of Planning and Development, Library Services Division.
Publication Date: 1973
Place of Publication: Republic of Trinidad and Tobago
Page Count: 22 pages
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