ITALY’S DEFICIT
MORE EXPENDITURE PROPOSED. (Uuited Press ilisociation —By Electric Telegraph—Copyright) ROME, December 27. A deficit of £48,000,000, at the present exchange rate, is provided in the official e stimate s for the 1933-34 Budget. Th e Government, nevertheless, J s plan-' nuig higher expenditure than in 1932-33. The increase will b e largely devoted to reproductive purposes, including land reclamation, agricultural development, and relief work for unemployment. The expenditure on education is increased, but that On t])p fighting services is reduced.
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Hokitika Guardian, 29 December 1932, Page 5
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82ITALY’S DEFICIT Hokitika Guardian, 29 December 1932, Page 5
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