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DEC 31 '85 17:45 GIS HK GIS/1/2/1998 ·

From: DIS

To: All overseas offices

Date:

Time:

Reporter:

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30.12.85

2 1 JÁN 1986

9.35 10.45 a.m.

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Taken

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THE CHIEF SECRETARY SIR DAVID AKERS-JONES MEETS THE PRESS

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MS CHEUNG MAN-YEE:

Good morning ladies and gentlemen.

Sorry about the early timing but the Chief Secretary has a very busy

schedule, we have to start early this time.

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Chief Secretary's

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This is the third session of the

bi-monthly briefing, and it ties very well with

the end of the year review which a lot of you have asked for, if not, individually, each organisation, we can give it altogether now this morning, and here's Sir David.

This is not a formal press conference

so we don't have to adhere to the photo session, or things like that. Once you have settled down, I suppose, you can take photographs.

SIR DAVID:

Well as Man-yee says, it doesn't

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seem like three months since I was last here, but I was actually last

And of course, 20 here on, I think it's 8th October, so it is very nearly three months.

during the three months there has been a tremendous lot of public

debate, and debate in the media, about Hong Kong's development in

almost every field. So I don't think I am going to look back this morning in these opening remarks, at the immense amount of activity that has taken place over the last 12 months, but perhaps to look

forward a bit, into 1986, and to see where we stand, perhaps very briefly, in this sort of not a very rigid environment this morning,

and where we stand at the threshold of 1986.

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I suppose a very important thing, for 1986, is, as the Financial Secretary said the other day, that we will move into, once more, an era of a balanced budget in Hong Kọng.

And this is enormously important for the proper management of our economy and our resources. So after three years of deficit. we will,

move into a balanced budget.

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