GR 2200
PRIORITY
CYPHER/CAT A
SECRET
RECED IN
Ho, i
10.
- 9 MAR 1977
MOS
(FA.
FM HONG KONG 101236Z
RE
DE DIP
Seeepy
other сери
HKK 100/2.
SECRET
TO PRIORITY F C O TEL NO 155 OF 10 FEBRUARY.
FOR STEWART, HKD.
FROM GOVERNOR.
BUDGET.
THE FIGURES ARE STILL LIABLE TO ADJUSTMENT THOUGH ANY CHANGE IN
PRINCIPLE IS UNLIKELY. FOLLOWING IS A SUMMARY WHICH I SHOULD BE
GRATEFUL IF YOU WOULD SHOW TO LORD GORONWY ROBERTS. YOU WILL REALISE
HOW IMPORTANT IT IS THAT ITS CONFIDENTIALITY BE PROTECTED:
REVISED ESTIMATES 1976-77
A SURPLUS OF DOLLARS 557 MILLION IS LIKELY:
RECURRENT ACCOUNT
DOLLARS MN
DOLLARS MN
REVENUE
6,711
EXPENDITURE
5,401
+1,310
CAPITAL ACCOUNT:
REVENUE
EXPENDITURE
689
1,442
753
OVERALL SURPLUS
+ 357
SECRET
12.
THE