GR 98 PRIORITY
CONFIDENTIAL
CYPHER/CAT A
FM HONG KONG 290900?
RECEIVED IN
REGISTRY No.52
- 2 DEC 1974
Ihm. Stungul
५
106
/A
CONFIDENTIAL
LICK 5/10
TO PRIORITY FCO TELNO 1186 OF 29 NOVEMBER. 1974
REPLIES TO PARLIAMENTARY QUESTIONS,
YOUR TELEGRAM 1044.
LAST
REF.
REX
REF
99
MR. SILLARS' QUESTION WAS ABOUT HONG KONG'S BUDGET SURPLUSES AND, THEREFORE, THE FIGURES PROVIDED IN OUR TELEGRAM NUMBER 1105 RELATED TO HONG KONG'S GENERAL ACCOUNT ONLY. WHEREAS THE TOTAL OFFICIAL STERLING HOLDINGS GIVEN IN OUR TELEGRAM NUMBER 1080 EMBRACED THE GENERAL ACCOUNT, THE EXCHANGE FUND, THE COINAGE SECURITY FUND AND THE REHABILITATION LOAN SINKING FUND. IT FOLLOWS THAT TOTAL OFFICIAL STERLING RESERVES WILL BE SUBSTANTIALLY GREATER THAN THE GENERAL ACCOUNT STERLING HOLDINGS PROVIDED IN THE PARLIAMENTARY REPLY.
MACLEHOSE
961
FILES
HKIOD (4) FRC
PS/LORD GORONWY-ROBERTS
{
MR MALE
CONFIDENTIAL
COPIES TO:
MR S T KIDD
HONG KONG GOVERNMENT OFFICE
6 GRAFTON STREET W 1
LAST ENTRY