The revenue in the Italian financial year 1905-1906 (July I, 1905 to June 30, 1906) was 102,486,108, and the expenditure 99,945,253, or, subtracting the partite di giro, 99,684,121 and 97,143,266, leaving a surplus of 2,54o,855.f The surplus was made up by contributions from every branch of the effective revenue, except the contributions and repayments from local authorities.
The way that repayments of such loans are treated in calculating a deduction depends on the date that the CTAEO was made.
After the entire hullabaloo about debt ridden customers, somebody seems to have finally come to the rescue of debtors struggling to make repayments.
The DTI has also rescheduled £ 200 million in debt repayments from the beleaguered Indonesian economy so that arms deals could continue.
Net Lending Figures refer to gross lending less repayments and other adjustments (e.g. for bad debt write-offs ).