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7
X.
In
The expenditure charged to 52 heads is in excess
o f the sum appropriated for those heads by the
Appropriation Ordinance 1987. This is because sufficient
offsetting savings could not be found
found within the heads
concerned.
accordance with section 9 of the Public
Finance Ordinance, this excess has been included in the
Supplementary Appropriation (1987-88) Bill 1988
Bill
Members. The Bill seeks to give
give final legislative
authority for the amount of supplementary provision
approved in respect of particular heads of expenditure by
the Finance Committee or under powers delegated by it.
1988 now before
の
A.
le
ๆ
million.
The total net supplementary appropriation required
in respect of the 52 heads of expenditure is $1,526.30
This excess is largely accounted for by the 1987 Pay
Adjustment and Pay Improvement Package for Model Scale 1
million staff for the Civil Service ($808.2) and overnment
s
million
millian
subvented organizations ($388.4m). Other major
contributing factors include the early repayment in full of
the four outstanding Asian Development Bank loans ($318.2m)
million and the purchase of water from China ($132).
يم
Savings made in other subheads are due to
continued tight control over public expenditure, and I
would like to thank the controlling officers and others who
have contributed to restraint.
F