Page:Statesman's Year-Book 1921.djvu/316

 264

THE BRITISH EMPIRE: — EGYPT

Finance.

Revenue and expenditure for six years :—

Years j

Bevenue

Expenditure

Tears

Revenue

Expenditure

191. 'i 1916-17 1 1917-18

£E 17,868.616 19,927,274 23,166,074

£E

15,728,7S5 17,240,606 22,496,948

1918-19 1919-20

1920-21 1

J5E

27,661,289 33,677,401 40,271,000

jjE

23,884,326 28,991,934 40,271,000

1 Estimates.

The final accounts for the year 1919-20 (April 1 to March 31), and the budget estimates for the year 1920-21, are as follows : —

Receipts

1919-20 Actual figures

1920-21 Estimates

Expenditure

1919-20 Actual figures

1920-21 Estimates

Direct taxes :

£K

£E

£E

£E

Land tax, *c.

5,624,260

5,480,000

Civil List ....

459,847

499,264

Indirect taxes :

Expenses of Administration

10,023,630

12, 207.32S

Customs.

0,627,536

0,590,000

Expenses of Revenue Earn-

Tobacco.

3,827,325

4,000,000

ing Administrations :

Excise.

499,979

—

Railways ....

5,422,757

6,594,175 221,230

Miscellaneous

Telegraphs

248,124

taxes

461,128

318,000

Post Office

431,564 500,980

Receipts from

Telephones Army:

198,127

169,780

Revenue earn-

ing Adminis-

Egyptian Army

1,615,055

1,631,250

trations :

Army of Occupation

146,250

146,250

Railways

7,135,030

7,386,000

Pensions ....

779,406

737,300

Telegraphs

803,353

300,000

Tribute and Debt :

Post Office.

437,424

516,000

Tribute ....

664, S26

064,820

Telephones.

196,098

266,000

Expenses of Caisse de la

Receipts from

Dette ....

88,617

42,000

Administrative

Consolidated Debt.

3,552, 2fi6

Services :

Non-Consolidated Debt.

344,152

353,280

Ports and

—

24,483

Lighthouses

179,185

183,000

War Gratuities.

2,559,806

4,250,000

Judicial and

Extraordinary Expendi-

Registration

ture in connection with

fees

2,060,940

1,863,000

the war. , ..

508,260

40,000

■Miscellaneous

Settlement of claims arising

Revenue

5,894,239

8,778,000

outof the recent disorders Purchase rind distribution of

45,528

Total ordinary

85,675,000

articles of prime necessity

404,499

2,000,000

revenue

32,752,503

Temporary Commissions.

Extraordinary revenue

Draft on gene- ral reserve.

924,898

4,596,000

Total Ordinary Expen- diture

47,4 12.71 1


 * i,f.l6,'.>eo

88,677,401

40,271,009

Expenditure for new works Total ....

5,654,080

Total.

••.V.I!'1.'.<:m

•10,27 1.000

The foreign debt of Egypt began in 1862, when loans amounting to 3,292,800/. were issued for the purpose of extinguishing tho floating debt. Other issues followed in rapid succession. The dual control by England and France began in 1879. In January, 1880, tho two Coutrollers-General reported that Egypt could not possibly meet her engagements in full, and in July the Liquidation Law, in accordance with tho recommendation of an Inter- national Commission of the Great Powers, was promulgated. By this law the Unified debt was reduced to 4 per cent, interest ; further conversions