761.13/6–1450: Telegram
The Ambassador in the Soviet Union (Kirk) to the Secretary of State
1642. Soviet press June 14 Finance Minister Zverev1 speech re 1950 budget. Data in billions rubles.2 Highlights follow:
Total revenue 432.0 of which in part turnover tax 238.4, profits tax 39.8, state loans 27.0 (including loans from savings banks and insurance organs 31.8) taxes on population 36.4.
Total expenditures 427.9 of which in part finance national economy 164.4 social and cultural measures 120.7 defense 79.4 (18.5 percent of total) administration 13.9.
Financing national economy partly broken down: industry 85.3 agriculture and forestry 36.6 transportation and commerce 15.0 trade and procurement 9.3.
Social and cultural measures partly enumerated: Education 59.5 health and physical culture 22.0 social security 22.4 aid to mothers 4.0 scientific development 5.6.
[Page 1207]Capital construction scheduled at 135.6 of which 106.5 from national budget and balance from funds of enterprises.
Total profits state enterprises 70.7. Not broken down.
- Arseny Grigoryevich Zveryev was Minister of Finance of the Soviet Union. His report was made to the Supreme Council of the Soviet Union.↩
- For a comparable report on the 1949 budget, see telegram 621 from Moscow on March 11, Foreign Relations, 1949, vol. v, p. 587.↩