§ 23. Sir FREDRIC WISEasked the Secretary of State for Foreign Affairs whether Turkey balances her Budget; and, if so, if the revenues assigned under the decree of Muharrem are allowed for in the Budget?
§ The PRIME MINISTERNo official publication has yet been issued, but according to a version, which has appeared in the Turkish Press, of the Estimates adopted by the Grand National Assembly of Turkey, in April, the expenditure for the financial year beginning 860 on the 1st March, 1924, will exceed the revenues by eleven millions of pounds Turkish. The Budget contains no provision for the payment of the revenues assigned under the Decree of Muharrem, and the covering law provides that payments in respect of the Republic's share in the foreign debt of the Ottoman Empire are deferred until the distribution of the debt shall have been effected.