sir,
SPEECH BY MR. D.G. JEAFFRE SON, ACTING FINANCIAL SECRETARY, IN THE LEGISLATIVE COUNCIL ON 12TH DECEMBER 1979
Supplementary provisions for the quarter
ended 31st March 1979 (Final)
I move the motion standing in my name in
the Order Paper.
2.
The schedule of supplementary provisions for
the final quarter of the financial year 1978-79 covers
a total amount of 86 million dollars,
Of this sum,
31 million dollars was required to cover the net
expenditure of the unallocated stores account of the
Government Supplies Department; 24 million dollars was
required to meet additional expen.iture on welfare
allowances arising from a lowering of the qualifying age
for the old age allowance; 14 million dollars was required
to augment personal emoluments subheads on account of
the 1978 salaries revision; and 7 million dollars was
required for public works projects.
3.
But
This schedule brings the total supplementary
provisions for 1978-79 to 2,102 million dollars.
because of savings in other subheads, actual total
expenditure at 11,90 million dollars for the full
financial year 1978-79 in the event was 824 million dollars
more than the original estimates.
4.
The Finance Committee has approved all the
items in the schedule. The purpose of this motion is
simply to seek the covering authority of this Council.
5.
Sir, I beg to move.