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FRANCE'S FINANCES

NEW BUDGETARY BILL

DRASTIC ECONOMIES

PA_CS,Bt_-February. The new Budgetary Bill provides _r a saving of 5566 million- francs. The general provisions of the Budget will cover the remaining margin, of 500 millions.: . . • : It is considered that 10,000' million francs in salary reductions and new revenue is all that can at present be sought. Ministers are therefore endeavouring to make up the deficit of 600_0_ million francs, which will be divided, equally • between ■ new. revenue and economies they have adopted. : A reduction of 638 million, francs in naval and military expenditure and increase in taxation "amounts only 7to 4 per cent, of tho total revenue. " -;

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19330209.2.74

Bibliographic details

Evening Post, Volume CXV, Issue 33, 9 February 1933, Page 11

Word Count
106

FRANCE'S FINANCES Evening Post, Volume CXV, Issue 33, 9 February 1933, Page 11

FRANCE'S FINANCES Evening Post, Volume CXV, Issue 33, 9 February 1933, Page 11

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