Record Caledonian Budget
p. 24 · Read in the full issue
For 1946
THE 1946 Budget, approved by the New Caledonian Conseil General, is by far the biggest in the Colony's his tory, However, the cost of living approaches four times what it was pre war, while inhabitants have far more money at their disposal than they were formerly accustomed to.
The Budget estimates ordinary revenue of 163,050,120 francs, and non-recurring extraordinary revenue of 42,209,879 francs.
The Colony still jibs at income tax, whose introduction, first recommended by Governor Sautot, has been and will be fought by fair means and foul. But it is hoped to balance large-scale Budget ex penditure by other means.
