KUVEND PASSES STATE BUDGET

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000600330674-7
• Release Decision: RIPPUB
• Original Classification: C
• Document Page Count: 2
• Document Creation Date: December 22, 2016
• Document Release Date: August 29, 2011
• Sequence Number: 674
• Publication Date: August 9, 1950
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/08/31: CIA-RDP80-00809A000600330674-7
INFORMATION FROM
FOREIGN DOCUMENTS OR RADIO BROADCASTS CD NO.
CENTRAL INTELLIGENCE AGENCY REPORT 50X1-HUM
CLASSIFICATION CONFIDENTIALCENEI fENTIAL
SUBJECT Sociological i- Public health
.?,? HOW
,,,PUBLISHED Daily newspapers
WHERE
PUBLISHED Tirana
DATE
PUBLISHED 16, 17 Mar 1950
TN-12 DOCONINT CONTAIN/ INFORMATION APP/CTINS TAR NATIONAL /[Roll
of TNl VNIT[O 170Th WITHIN n, ^{ARINN or I/PIONANI ACT ND
I. I. c.. II AND ff.AN AM[NDI1. ITS TRAM/NINIION oR TMI NITILAI1ON
O/ ITO COMTI NTf IM ANT NANNI1 TO Al ANAYTY.ORiito /IRON II PRW
MINITID NT LAW. ORPDODOCTIOO OP TN1f PONN If ,IONINITID.
Bashkimi.
DATE OF
INFORMATION 1950
DATE DIST. f Aug 1950
NO. OF PAGES 2
SUPPLEMENT TO
REPORT NO.
THIS IS UNEVALUATED INFORMATION
KUVEND PASSES STATE BUDGED
REVENUES TO BE 22 PERCENT ABOVE LAST YEAR -- Bashkimi, No 1631, 17 Mar 50
On 15 March 1950 the Albanian People's Kuveud the
for 1950, which provides for revenues of 7, , ,
of 7,700,000,000 lek.
The revenue plan for 1949 was realized 97 percent. However, a surplus
of 100 million lek was accumulated in 1949. This surplus and a planned in-
crease in industrial production account for the increase of 22 percent in
the total revenue figure as compared with 1949.
The revenues from the state economic sector are tbe 18 greater,
than in 1949, those from the cooperative sector 35 percent
from the population 5 percent greater.
Because of increased agricultural production, greater revenues are ex-
pected from the peasantry in 1950; but revenues from taxation will not in-
crease in proportion. Poor peasants with incomes of less than 10,000 lek
will be exempt from taxation.
Expenditures for 1950 will be 46 percent greater than actual expendi-
tures in 1949. Expenditures for the economy will be 49 percent greater,
for education 42 percent greater, and for public health 33 percent greater.
The budget allows 2,600,000,000 lek for investment in and equipment for eco-
nomic enterprises, in addition to the funds they furnish for these purposes
from their own revenues. The' construction of the textile and sugar combines,
the building of the Peqin-Elbasan railroad line, and other transportation and
reclamation projects will constitute the major investments under the 1950
budget.
The budget calls for expenditures of 662 million lek for education and
culture.
CONFIDENTIAL
- 1 -
CLASSWI TION CONFIDENTIAL
D