"الملف 35/87 VI A. 38 الإصلاحات والجمارك والشؤون المالية في مسقط" [و‎‎٩‎٦] (٤٤٠/١٩٩)

Oy/54 Ministry or Finance,
Muscat dated 23rd July 1925
Prom,
The Financial Adviser,
Muscat State,
M U S 0 A T.
To,
The Political Agent & H,B.M # s Consul,
MUSCAT ,
Sir,
TOTAI-TCIAX KEPO RT 07 IflTSCAT STATS FCE
SIX MCNTHS ENDING 50TE JUKZ 1925 .
I have the honour to forward herewith a six monthly State
ment of Actual Hevenues and Expenditure of the Muscat State
for the period ending 30th June 1925, and Anticipated Revenues
and Expenditure for the remaining half of the current year»
I myself became responsible for the State Finances on and from
1st April last. The course and current of expenditure for the
year - the Financial year commencing 1st January - had "by this
time "become fixed, and except for a tew economies I have
attempted no reforms "beyond introducing a double entry system
of accounting and a revision of the monthly return.
Before referring to the Statistical Statements in detail
there are two outstanding and serious features to which atten
tion should "be called.
(I) The illusory and misleading nature of the balance
of Rs^ 124438/- "brought forward from 1924.
(II) The Excess of Expenditure over Receipts of
Rs.19666/- for the six months ending 30th June
1925»
1 Balanced at the foot of Revenue Statement are as follows:-