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Further Defense Budget Cuts Sought

November 30, 1971
See Original Daily Bulletin From This Date

The Finance Ministry has asked the Defense Ministry to reduce its 1972 fiscal budget from an original estimate of $1.54 billion to $1.25 billion. It was learned from reliable sources today. The Defense Ministry had voluntarily reduced its budget request to $1.30 billion. The Treasury insists further outs are possible.

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