XN000022-1973-03-01 — Page 7

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Thursday, March 1, 1973

"But these social costs and benefits can be respectively minimised and

maximized in a society which has a sufficiently high G.D.P. per capita with

which to do so. There is no real conflict between a rising G.D.P. and a rising

quality of life. On the contrary, the one provides the means which permits

the achievement of the other."

Two further publications tabled yesterday, to accompany the Estimates

of Revenue and Expenditure for the year ending March 31, 1974, were an

Extract of the Supporting Financial Statements and Statistical Appendices and

a Graphic Guide to the Budget.

The latter provides seven key charts, attractively presented and

illustrated to show the main sources of revenue and expenditure, their growth

over the past 10 years and a breakdown of how public money is spent on general,

social, community and economic services.

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