Many of Britain citizens are undergoing their cost effective budget.queen Elizabeth 2has even put her hands for her subjects.The queen has cut the spending by forwarding the palace repairs and other expenses as a part of controlling the Britain’s budget crisis.Buckingham palace revealed the accounts on Monday recently.The total cost from the public for supporting the monarchy was about $38.2 million for a year up to march 31.The exact equivalence of a person is about 62 pence which is less than $1.

The total amount will came up to euro 3 million during the year 2008 and 2009.Many public sectors of Britain are facing cuts because the government is trying to eliminate the deficit.The monarchy is aware of the economic crisis and is cutting down the costs for even the essential maintenance.Each year the queen receives euro 7.9 million from the public money to pay for staff and other additional costs.The amount paid to the staff is stagnant for the past 20 years.

An extra fund from the reserve fund about euro 6.5 million comes but the queen is saving some from her allocated budget.If the queen continues to use the amount at the present rate she will run out of her funds by 2012.The royal residences is up kept by spending euro 15 million and about euro 4 million goes for traveling.The property services will be cut down by half a million pounds.