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Authority's terms of reference are to be expanded to
enable it to monitor and direct an overall housing
programme in partnership with the private sector; and
its financial arrangements are to be revised to give
it more flexibility.
37.
In the financial year 1987/88 the Housing
Authority aims to complete almost 43,000 flats, of
which over 7,500 will be for sale. This is similar
to the 1986/87 outturn. The private sector also
produced over 38,000 units in 1987.
however, the Housing Authority plans to complete a
record 52,000 public housing units, of which 12,000
will be sold under the home ownership schemes.
In 1988/89,
(b)
Education
38.
The Hong Kong Government continues to give
high priority to the expansion and improvement of the
educational system. At 18 per cent of total public
expenditure, more is spent on education than on any
other item in the annual budget.
Free places are now
provided for all children up to Form 3 (age 15) and
steps are being taken to provide enough places in
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