The Archive · 1940

Large National Defence Expenses for Turkey

Third of Budget Expenditure Allotted to Armaments Ankara, Feb. 4.

National defence accounts for over one third of the total expenditure in Turkey's budget for 1940-41, according to an announcement by the Minister of Finance.

The Budget, which is to be introduced in the National Assembly on March 1, totals T£54,000,000, an crease of £2,000,000 compared with last year.

The chief item is an appropriation of £19,000,000 for national defence. This is an increase of £1,000,000 over the previous years, but it does not include unused credits outside the Budget still available and estimated at about £30,000,000, and £20,000,000 worth of armaments due from Britain and France under the recent tripartite agreement.—Reuter.

Text read from the printed page and cleaned; old type leaves the occasional error.

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