Sunday, March 22, 2009

The State Budget of the Egyptian Kingdom in 1948-1949

These are scans from Al-Mussawar Magazine in its golden days in year 1948. Please click the scans to see much better.

State Budget of Egypt in 1948 - 1949

The state’s budget ; where it comes from and where it goes with a complete easy illustration to make the citizen understand the sources and allocations of the budget.

It was not hard or sophisticated ,in fact it was simplified to the simple reader to know all what he wanted about the State’s budge.

State Budget of Egypt in 1948 - 1949

First of all you must remember that this budget was before the nationalization of the Suez Canal , second it was the war’s year in 1948. Yes this was our budget during the war year. I think this budget was prepared either by Mahmoud Fahmi El-Nukrashi Pasha cabinet or Ibrahim Abdel Hadi Pasha cabinet. “El-Nukrashi was assassinated in 1948”

State Budget of Egypt in 1948 - 1949

The total state budget in fiscal year 1948-1949 was L.E  183,435,100 “Without the Suez Canal nor oil and gas exports  nor tourism nor Egyptian expats !!”

The main sources of revenues at that time were : “Main sources of income”

  • Customs “ More than L.E 56 Million”
  • The inheritance tax “I do not know much about it but I believe it is based upon the inherited properties during that time before the nationalisation laws

Now the main allocations at that time were :

  • Defending Palestine “ L.E 30,000,000”  {I doubt any Arab country in that allocation that sum of money to defend Palestine}
  • The war ministry budget “L.E 20 Million”
  • The transportation ministry budget “ L.E 18 Million”

And the big surprise to me and the big shock to all those who attacked the Royal family during that time.

  • The least allocation in the State budget of the Egyptian kingdom was the Royal allocation !! It was only “L.E  1,038,251” !! Can someone please tell how much are the Presidential allocations in the state’s annual budget now !!!?? King Farouk had a fight with the Wafd cabinet in order to buy a new bed room to Queen Nariman  when he married her , he wanted to have a loan for his next year royal allocations and they refused it !!

This is the Royal Family that was always accused to be thieves who were sucking the blood of the poor people !!!

This budget was made during a tough war and surprisingly there was no deficit and the internal debt was only 5 million !! Again there was no National Suez Canal Company , there were no oil and gas and there were no tourism industry like now !!!  I forget to say that the Egyptian pound during that time was much powerful than US dollar  !!

In 2008-2009 state budget there is a deficit equal to L.E 82 Billion “$ 15.2 Billion” !! Do not tell me that we are 80 million Egyptians now because in 1948 they did not have as much productive resources as we do now !! Do give me lessons about the changes in economy and history and how Egypt has suffered from wars simply because Mubarak has ruled  a normal peaceful stable Egypt  for more than 25 years !!

Photos : From Amir Sisi Flickr ‘s scans collection.

7 comments:

  1. Wonderful peace of art, full of interesting details,like :
    Education ministry budget was higher than the Interior & Foreign ministries'.
    Defending Palestine is the higher one in that year's budget, it's so irionic today.
    You know I'm wondering about what would the history call our Mubarak's era?
    I think they will call it like we - during Nasser's era - called Khedive Ismael's era, full of corruption, self interests, a ruined regime of a ruined president ... etc.
    Oh man God bless us.

    ReplyDelete
  2. 30.000.000 for Palestine? because Muslims hate Jews we should pay 30.000.000????? in the same time we have a huge debts?
    what about us Copts? we like Jewish people, who said we should pay & Support their enemies??
    God bless Israel as he did to David against Goliath and let's see the money you steal gonna bring you victory or not.

    ReplyDelete
  3. مجتمع ال5 فى المية

    مع احترامى

    ReplyDelete
  4. @Bastawisi

    you are seriously talking about Muslims ,Jews and copts ?!!!

    ReplyDelete
  5. @Bastawisi, your name Bastawisi or Basrael? Shame on you! that amount is nothing compared to what the thieves of Mubarak regime stealing everyday now from Egyptian people including yourself and your children and grandchildren!

    In fact England till now still owes Egypt money!

    we knew Egypt is a rich country during the King Farouk time, documentaries and papers have proven so! He left the country with nothing! Egypt lost all their wealth thru' the revolutionary officials till now!

    ReplyDelete
  6. Bastawisi,

    The last I checked you are not a representative for all Copts. Speak for yourself only.

    Looking over your spiteful and childish generalizing about Egyptians, I'd say that Copts do not love Jews anymore than Muslims do. Sorry to burst your bubble!

    For one we do not have an AIPAC branch in Egypt that will make Christians natural allies of the Jews. Secondly, it was "the Christians" who historically burned the Jews in gas chambers, so were the Crusaders who tortured Jews in the name of Jesus. Haven't you seen the film The Passion of The Christ? It was produced by a bunch of people who obviously cannot get over their beliefs that "the Jews" killed Jesus, because that's what they get told in church, although not so more in the US for political correctness.

    I think in the case of Palestine many Muslims and Christians just want their stolen lands back. David and Goliath can coexist. I think it's disgusting that you continue to visit blogs only to spew your hatred against those who do not share your dogmatic beliefs, your comments speaks volumes about you!

    ReplyDelete
  7. @Ayoub, well it is much worse than Ismail Pasha era for sure because then Egyptians and Ismail Pasha himself did not know what the west was planning for Egypt and its own people
    the question will be Ismail Pasha was proved to be innocent decades later from his defame ,will Mubarak ever be considered innocent in the same way !!??

    @Bastiwisi , do you know that that budget was from 61 years ago !!??
    If you are speaking about grand parents back then , well I am sure that they did not pay the taxes alone during that time
    already I am surprised at your attitude as far as I know pope Shounda III has a very strong respectful position from the Palestinian Cause
    for God Sake the man used to refuse Camp David and up till now does not allow the Christians to pilgrim !!??
    Not that only the other side does not like as you think , you better read more about the attacks of the Israeli jews especially the radical ones on the churches and Christians !!!??
    @mido
    و طب و احنا مجتمع ايه دلوقتى !!؟؟

    @anonymous, do not waste your time with him,he does not care for all that for him the Mohamed Ali Royal family are invaders ruling invaders because they are Muslims

    @Banoota, he comes here to expose my lies to the world !!!

    ReplyDelete

Thank You for your comment
Please keep it civilized here, racist and hateful comments are not accepted
The Comments in this blog with exclusion of the blog's owner does not represent the views of the blog's owner.