Education

96.

Expenditure

on

education

in

1987-88

consolidated

will

be

account

$9.8 billion. This represents 18.3% of

expenditure compared with 14.3% five years before. It is a wise

investment in our future (33). The Medium Range Forecast takes

account of likely continued growth in this area and the financial impact of the Education Commission's proposals where

they have been accepted.

Medical and Health

97.

Total expenditure on

on medical services in 1987-88 will

be $5.2 billion: this will be 9.6% of consolidated account

expenditure as compared with 7.4%

as compared with 7.4% five years ago. In addition

to the total estimated project cost of $1.2 billion for the new

Government hospital in Tuen Mun, $1 billion will be spent over the next few years on improvements and extensions to Queen Mary,

Queen Elizabeth and Tang Shiu Kin Hospitals. A further

$120 million will be spent on site formation works and

consultants fees for the new

Development

$1.4 billion

programmes

are also

hospitals.

Eastern District

Hospital.

cost of

at an estimated total

under way at a number of subvented

Social Welfare

98.

Expenditure on social welfare will be $3.1 billion in

1987-88 or 5.8% of consolidated expenditure as compared with

4.8% five years ago. Expectations in this area are always rising understandably so, but as with any area of expenditure

resources are not unlimited.

-

·

(33) Details of policies and some major new facilities are in Appendix D.

30

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