SOUND POSITION
FINANCES OF FRANCE BUDGET FOR 1940 SMALL SURPLUS SHOWN (Elec. Tel. Copyright—United Press Assn.) (Reed. Nov. 18, 2 p.m.) PARIS, Nov. 17.
The Minister of Finance, M. Reynaud, presenting the 1940 Budget estimates to the Finance Committee, estimated that expenditure would be £438,000,000.
The revenue would be slightly higher, despite new items of expenditure. including £82,000,000 from allowances to the families of those on service and £14,000,000 on refugees. Expenditure on the armed forces, however, was not included, but M. Reynaud was confident that the budgetary position was sound.
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Bibliographic details
Gisborne Herald, Volume LXVI, Issue 20099, 20 November 1939, Page 11
Word Count
91SOUND POSITION Gisborne Herald, Volume LXVI, Issue 20099, 20 November 1939, Page 11
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