RESTRICTED PRA

$

t

On

the basis of

trends present

significant a

improvement in the

the current financial year.

will continue to keep public

to contain the size of the

em

surplus is likely at the close of

Nevertheless, the Hong Kong Government

expenditure firmly under control and public sector, presently equivalent to about 16% 17% of the gross domestic product. This will be achieved through prudent management

of resources and by continued efforts to increase the efficiency of

the public service, the total size of which has increased by only 2% in 1986. in

109684

IX. O

-) (a)

55.

£100

<el:o>

SOCIAL PROGRAMMES

Housing

2017?

éles

For the seventh

Authority has

exceeded

Rc bold

ес

consecutive year the Hong Kong Housing

its annual target for the production of new

flats, with 43,000 flats being added to the public housing stock. Private sector production was estimated to be a record 38,000 flats

a similar level of production is expected in 1987. <Pa Lelio)

in 1986 and

-) 56-

On the basis

Authority should

be in

of

present

position a

rates

the of production,

to

meet the

housing by the mid-1990s.

Housing

demand for rental

At the same time there is a growing

demand from families wishing to own their own homes and this will take longer to satisfy. The Hong Kong Government is considering how

how

public

and

in meeting the

private

output sector

can

best

be

encouraged

resources

best can

sector private

the complement

Pa

long-term demand for housing in the 1990s and beyond. dio)

part of the comprehensive programme to clear and re-house

living in urban

urban squatter areas, rehousing has started

- 57.

口 As

in

families

preparation for

area

of Hong

in 1987.

the a major clearance of squatters in

Kong Island

The

Shau Kei Wan

Housing Authority

also

continued to improve the environment of many squatter areas,

particulary those which cannot be cleared in the near future. Pa

(l15)

RESTRICTED

QJRA

28306

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