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Wednesday, February 28, 1973

"These proposals should reduce the amount of work involved and I

hope to be able to put them to Finance Committee during the year with a view

to introducing them in time for the Draft Estimates for 1974-75."

Mr. Haddon Cave went on to say that the total provision of #737 million required for subventions in the new fiscal year represents an increase of $88 million, or 14 per cent, over the revised estimate for the current year.

"Nearly a quarter of annually recurrent expenditure goes to assist

non-Government bodies to provide services of various kinds including universities,

schools, hospitals and other social services, and economic services including

the Productivity Centre, the Trade Development Council and the Tourist Association,"

he said.

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