An itemized account of the 1925 (January | to December 31) budget 
appears below : 
Revenue Expenditure 
Direct taxes ...........\ ah. 083;493,000,0000War Office. ...... 00. iv itis 4,324,650,797 
Indirect taxes .................. 9,635,000,000 Ministry of Finance............. 7,607,496,013 
Stamp and registration duties.... 1,601,500,000 Ministry of Education.......... 2,150,780,000 
State Monopolies ............... 4,711,386,000 Ministry of Cults and Art...... 551,586,831 
Ministry of Communications..... 9,634,935.000 Home Office .................. 1,253,064,108 
State demesne .... ET i, 384,000,000 Ministry of Public Works. Simin se 306,277,890 
Subventions. oo... rl i 45,311,846 Ministry of Justice ............. 512,000,000 
Ministry of Finance ........ ... 988,883,549 Ministry of Agriculture......... 723,250,000 
Home OfBee suo. suns aswnnas os 38,633,000 Ministry of Industry & Commerce 438,737,012 
Ministry of Justice ............. 54,470,000 Foreign Office ................. 227,924,500 
Forelon Office ov. nrinisivlin 70,000,000 Ministry of Public Health and 
in 3 Socialf Relief: ........ i anes 901,000,000 
Ministry of Agriculture.......... 41,090,00¢ bri : 
sie . Ministry of Labor, Cooperatives 
Ministry of Public Health and of and’ Insurances 103,000,000 
Social Relief"... ............;. 159,228,100 3 Signe Tey 
cls : Ministry of Communications... .. 9,436,524,664 
Ministry of Labor, Cooperatives ; J 
and Insurance ............... 38,713,735 Cabinet ‘Council ".......:..... 3,265,967 
Minist f Industry and Com- A 
Yj tdusuy, 80d Lom: 770,240,000 Total.......... 28,540,458,769 
War Office. ................ 0 28,270,000 For the improvement of the mater- 
Ministry of Public Works. ....... 2,500,000 ial position of officials and pen- 
Ministry of Education. .......... 33,972,000 SiOners ............cc00u00... 2,000,000,000 
Ministry of Cults and Art....... 13,846,720 Fund for the payment of war 
damages and requisitions... ... 250,000,000 
Fund for opening supplementary 
and extraordinary credits. ..... 059,541,231 
Grand: total... ......% 31,749,980,000 Grand total.......... 31,750,000,000 
B. — Import and Export Statistics 
Year Imports Exports Balance 
(in lei) 
1922... -12,325,366,301 14,027,376,216 + 1,702,009,915 
1923... a 19,712,941,400 24,372,675,295 + 4,659,733,895 
1924............ .1026,292,000,000 27,829,000,000 + 537,000,000 
1925 (Ist quarter). . 584,095,593 938,890,472 + 354,794.879 
References: Analele Bancilor (in Roumanian and French), December, 1924; General 
Budget of Roumania for the year 1925 (in English); Ministerul Finantelor, Expunere de 
Motive Si proiect de Lege pentru Ratificarea Conventiunilor incheiate intre Ministerul 
Finantelor Si Banca Nationala A Romaniei. 
SERB-CROAT-SLOVENE STATE 
A. — Budgetary Situation 
According to the Constitution of and law regulating State accounts in the 
Serb-Croat-Slovene State, the estimated budgetary receipts and expenditures 
should be submitted to the Skoupchtina (Congress) between October 20th and 
November 20th of each year. To date, however, this has not been done. 
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