06-MAY-1992 16:33

HK GOVERNMENT HOUSE

+852 521 1868 P.06

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13.

Finally, the fact that we are fortunately now able to avoid an increase in general rates does not detract from the importance of maintaining the integrity of the remaining Budget measures. We can and must move forward with our carefully-constructed package of concessions, as well as with the modest increase in profits tax, in order to be able to maintain our planned level of revenue and fund the expenditure approved by Members in the Appropriation Bill on 1 April.

27

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TOTAL P.06

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