P-JVG Budget

In Brief

The revenue of the Papua-New Guinea Administration in the financial year July 1, 1963, to June 30, 1964, is estimated at £37,479,700, made up as follows: £ From Loans 1,700,000 Internal Revenue ... 10,529,700 Australia Grant ... 25,250,000 Expenditure is calculated at £35,082,300 and Departmental activi ties will take about 63 per cent, of this. Salaries and other similar pay ments to public servants will cost approximately £l2 million. Engineer ing capital construction will absorb £2,241,849; and architectural capital construction £5,751,371.