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APPENDIX 4 Pakistan (continued) External Trade—(continued) Principal exports— Rs. million Raw cotton 355 Raw jute 300 Tea (black) 49 Hides and skins ... ... ... ... ... ... 31 The above figures relate only to seaborne trade and therefore exclude most of the trade with India. Public Finance* Expenditure— Rs. million Defence 509 Development 211 Social Service 148 Others 886 Total 1,754 Revenue — Income Tax 90 Tax on commodities 490 Others 627 Total 1,207 * Including Provinces but excluding States. Public Debt— Internal: Rs. 820 million. External: In accordance with the terms of the financial settlement between India and Pakistan, the Government of India accepted initial liability for all the financial obligations outstanding on the day of partition. Pakistan's share of this liability is to be repaid to India in fifty annual equated instalments. The allocation of these liabilities between India and Pakistan is yet to be determined by a Committee set up for the purpose. Development Programme (1951-57) Rs. million Total Capital Expenditure by Government 2,600* Expenditure on domestic goods and services 1,500 Expenditure of foreign exchange 1,100 Rs. million Per cent. Of which— Agriculture (including Irrigation) ... 820 41 Transport— Railways 2001 Roads ... 100 (~on ->1 Ports 140 f DiU Z1 Telecommunications 90 J Fuel and power 470 18 Industry and mining (excluding coal) 490 19 Social Capital— Education 100^ Technical Training 90 Housing 40 11 Health 40 Water Supply ... 20^

* Includes Rs. 400 million private investment in the programme.

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