CA TAAJ
CONFIDENTIAL
SIR Y K PAO'S CHEVENING WEEKEND
15-16 MARCH 1986
V.
HONG KONG CIVIL SERVICE PAY
Points to Make
1.
to
For Hong Kong Government
employees. Understand these a re set
private sector pay levels.
2.
determine pay
scales of its
by reference
to comparable
continue to be
Am confident that Hong Kong Government will
prudent in its financial management. Encouraging that Hong Kong
budget now in surplus: understand that public sector expenditure
should remain at 16% of GDP in next financial year, an impressively
low figure.
CONFIDENTIAL