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 (D) FINANCE

(1) Public Finance

Budget.—For the public finance of Turkey, which includes that of Syria, see Anatolia, No. 59 of this series, p. 115. Individually considered, Syria's financial situation contrasts very favourably with that of the Empire as a whole, local revenues being con- siderably in excess of the expenditure, as is seen in the following figures, taken from La Syrie de demain, by M. Moutran (1916), and based upon the previous Budget:—

Here expenses exceed receipts in one province only, Damascus, and this small deficit is handsomely repaired by the favourable balances elsewhere, especially in the vilayets of Aleppo and Beirut.

Of the total revenue, the bulk is accounted for by the following principal items: —

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