Cap steap
60.
I referred earlier to the proposal to increase our expenditure significantly in support of our manufacturing industry. We are already committed to spending over $1 billion a year on services for industry. Our plans for increased expenditure in 1988-89 include a grant to the Hong Kong Productivity Council for
for the first year of a new three-year for upgrading and expanding its productivity enhancement services, a grant to assist towards the creation of a plastics technology centre based on the Hong Kong Polytechnic and additional appropriations to enable the Industry Department to improve its promotional activities.
programme
61.
proposals for 1988-89 can
Although I am satisfied that my overall expenditure be contained within my budgetary
I have said
the civil a growth in some
per cent about 48. about 48.
of the total staff growth
strategy this means,
as
service establishment of
ervice
cent some 26 will accrue per 268 accrue to percent.
the Medical and Health Department and
per fent 15 to the Police. It is likely that we shall witness a similar
lc
overall growth rate in
ratet
in 1989-90, but I
shall look for
a
move
2.5 per cent
towards our 2 guideline thereafter.
62.
I have
provided
for
transfers
amounting
to
$7.4 billion from General Revenue Account to our various funds
in
1988-89
to
the support
activities they
finance.
The
transfers are broadly sufficient to ensure that the balances in the funds are maintained in real terms. account a switch of certain items to the
in
previously
Fund
1988-89
Revenue Account.
which
were
I
have also taken into
Capital Works Reserve
funded from General
30
/63. Overall
...
$