ли Г.А.В.

НКК 100/2

CONFIDENTIAL

Mr Smith

(Economists)

Stewart (HKD)

Some can than

ponos

ر

mayo

Otherwise

tent

ел

ст

ADMIN SPANł

THE BUDGET

1. We discussed the possibility that I should send to the Governor of Hong Kong our preliminary comments on the 1977/78 budget.

2.

I attach a draft for your consideration.

11 March 1977

.B. Sleent.

JA B Stewart

14

Hong Kong Department

LIST

ET

27

CONFIDENTIAL

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