'File 19/176 V (C 81) Bahrain Finances' [72r] (152/524)
The record is made up of 1 volume (254 folios). It was created in 26 Jun 1937-11 Jul 1941. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
7<?
- 4 -
Special leceipt of Ks.4,00,000 /- is expected as the result
of Oil Concession Negotiations. Its inadequacy is partly due
to the heavy cost of the Budget to complete the Manama-LIuharraq
Causeway (the Adviser's figure for this is an underestimate)
and partly to over-conservative estimation of Revenue. It is
true that there is a balance of Rs.S
lakhs
One lakh is equal to one hundred thousand rupees
from 1357 for
investment in the current year, which brings the total anti
cipated investment to Its. 14
lakhs
One lakh is equal to one hundred thousand rupees
but, quite apart from this,
I am convinced that the state can and should invest Rs.15
lakhs
One lakh is equal to one hundred thousand rupees
at least during 1358. I propose, unless otherwise instructed,
to take up this matter vith the Adviser when 9 months' actuals
are known.
B. As stated above the c est of the Manama-Muharraq Bridge
will exceed the Budget figure, but in all probability the
major part of the expenditure will come next year. The
contractors will start work in October and since they will be
unable to finish this task before the end of the Arabic year
they will presumably only draw running bills.
C. An extensive lublic ..orks programme is again contemplated.
On the experience of last year I doubt if the Bahrain P. .D.
will be able to complete it.
5. As framed the Budget appears to indicate the beginning
of e decline in prosperity in Bahrain. In the light of my re
marks above, however, it will be evident that there is little
cause for anxiety on this score. Nevertheless it is becoming
more and more apparent that all previous estimates of anti-
capated normal expenditure on the administration of Bahrain
require radical revision; and fresh sources of income must be
found. The whole problem may be simplified by new oil
discoveries in (or rather below) shoal waters, but such optim
ism makes too heavy demands on a beneficent Providence, and
the development of other industries is becoming an urgent
necessity. As I have indicated in demi-official correspond
ence/
About this item
- Content
This file contains detailed financial records and Bahrain Government budget, revenue and expenditure reports for the years 1937 until 1941 (hijri years 1356 - 1360).
The file contains extensive correspondence regarding the alleged profligacy of Shaikh Hamad bin Isa Al Khalifa (and his request for an increase in the size of his and his family's allowances) and a discussion regarding how the state's oil royalties are allocated.
The establishment of a national reserve fund for Bahrain is also dicussed at length in the file.
- Extent and format
- 1 volume (254 folios)
- Arrangement
File is arranged in chronological order, from earliest at beginning of the file to most recent at end.
There is an index of the topics contained in the file on folio 2. The index uses page numbers relating to the uncircled foliation system that begins on folio 3.
- Physical characteristics
A bound correspondence volume. Foliation starts on first page of text, top right hand circled number, and ends on the last page of text in the volume. The volume has a second, uncircled, foliation system from folio 3 - 241.
- Written in
- English in Latin script View the complete information for this record
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Copyright: How to use this content
- Reference
- IOR/R/15/1/354
- Title
- 'File 19/176 V (C 81) Bahrain Finances'
- Pages
- front, back, spine, edge, head, tail, front-i, i-r:i-v, 1r:52v, 54v:128v, 129v:151v, 152v:178v, 179v:180v, 183v, 184v:197v, 198v:212v, 214v:254v, ii-r:iv-v, back-i
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence