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and enterprising approach. In addition the mild tax increase and certain tax concessions should be welcomed by the general public. would like to make some comments and sugg- estions on the Budget and I hope that the
Government will give me some responser
Ton
more
On the presentation analysis of the Budget and the information, I find great improvement in editing and arrangement. Not only are all the heads and items set out clearly, but both graphical and verbal.explanations are presented mese clearly, and the more systematic and detailed analysis of the information has made our understanding of the Budget much easier.
welcome the pledium Range Forecasta On the financial strategy, I hope that the Financial Branch and all related departments will continue with their good efforts in enhancing the accuracy and reliability of the forecasts. I think the best thing to do is to make adjustments whenever the practical sit- uation make it necessary. It would be best to have adjustments after every quarterly report to provide more reliable figures and a more effective guideline to the spending
department.
Now I would like to talk about the strategy on expenditure. The Financial Secretary has laid
I think emphasis on caution and continuity.
that we should try to spend less on the civil service so that our burden would not be beyond our means in the long run. In view of the fact that world economy is still volatile I am in full support of the Financial Secretary's strategy and principle which ensure that Hong Kong would not be too badly hit when there is
economic recession.
TYTDATUM