Budgets and visible commercial balances of European countries 1922-1925

Bibliographic data

Monograph

Identifikator:: 1744852030

URN:: urn:nbn:de:zbw-retromon-117951

Document type:: Monograph

Title:: Budgets and visible commercial balances of European countries 1922-1925

Place of publication:: Paris

Publisher:: Reference Service on International Affairs

Year of publication:: 1925

Scope:: 39 S.

Digitisation:: 2021

Collection:: Economics Books

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- 1 — greater part of its export values from timber, and the timber shipping season begins usually about the middle of the summer. The committee appointed to investigate the possibilities of a return to the gold standard states in its report submitted in April 1925 that the so-called visible income and expenditures of F inland (such as income of the Finnish merchant marine, expenses for the carriage of Finland's foreign trade by foreign vessels, remittances of Immigrants, smuggling, interest to foreign countries for national debts, etc.) result annually in an unfavorable balance of approximately 1,000,000,000 Finnish marks (present rate) and that therefore the foreign trade statistics should show a favorable balance of at least a corresponding amount to make the national foreign income and expenditures balance. FRANCE A. Budgetary Situation The French general budget for the fiscal year 1925, was adopted July 13, 1925. The revenue is divided into three general headings: revenue realizable in France, revenue realizable mn Algeria, and Reparations. The expenditure is distinguished between ordinary, extraordinary, and non-permanent expen- diture, the latter being connected with the Reparation account. The budgetary totals for the years 1922 to 1925 stand as follows: Year Revenue Expenditure Balance (in francs) b 1922... 24,200,000,000 48,900,000,000 — 24,700,000,000 1923... 8 27,700,000,000 45,800,000,000 — 18,100,000,000 1924..... 31,100,000,000 40,200,000,000 — 9,100,000,000 2S et rs grr 33.150.844.678 33,137,180,618 4 13,664,060 The total revenue for 1922 to 1924 (inclusive) amounted to 83,000,000,000 francs as against an expenditure of 134,900,000,000. The deficit for each succeeding year, however, diminished, partly due to the increased revenue, partly to the cutting down of the expenditure. The budget for the fiscal year 1925 shows a surplus of 13,664,060 francs. A detailed statement of the budget for 1925 follows : Revenue Expenditure L 5 ens Jin France : Ministry of Finance : I. {Direct taves (L000. 1. -+. 6,171,640,000 E. National debt... 00... 18,573,589,682 %: Sgisy uss eel Siioise000 2, Government (President and 4 Tax ton exchange . iriosas, 14350, Parliament) AA RE 44,526,710 tions a rene ThE oe 166,000,000 3. Ministry Prrreeeaseeaaaa.. 2,018,481,530 Se Teton transferable securi- 3,849,500, 000 4. Collection and administra- 6. Luxury en , ooe00 tion of public revenue... 1,280,426,524 7. Tax on business turnover 4,439,000.000 5. Reimbursement and loss... .. 298,173,000 >: Fogtont Suries tre ais ele Essar 6. Expenditure in connection ¥0. Tax on sugar a I 2 “he : 7452, 500.000 with reparations ...... 15,349,650 Total......h inn 25,381002 000 al yh ry 22,230,547,105 12 Tot

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