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IN REMOVING INTEREST TAX ON HONG KONG DOLLAR DEPOSITS WITH
FINANCIAL INSTITUTIONS, WE ARE DOING THE MOST THAT IS POSSIBLE,
PENDING THE OUTCOME OF OUR STUDY. I HOPE TO BE IN A POSITION TO
PROPOSE MORE LASTING REFORMS IN THESE FIELDS OF TAXATION IN THE BUDGET NEXT FEBRUARY.
13. THESE MEASURES ARE DESIGNED TO STABILIZE THE EXCHANGE
VALUE OF THE HONG KONG DOLLAR, AND THUS TO PROVIDE A CLIMATE FOR
GROWING PROSPERITY WITH RESTRAINED INFLATION. THE GOVERNMENT HAS
CONFIDENCE IN THE STABILISED EXCHANGE RATE. SO CAN THE PEOPLE
OF HONG KONG. LET US NOW GET ON WITH OUR BUSINESS.
HOWE
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