2
4.
Public
expenditure
growth will
remain in line
This simple
with the trend rate of growth of GDP.
guideline remains the cornerstone of the Hong Kong
,Government's budgetary strategy.
5.
Recurrent expenditure will increase across the
full range of the Government's service programmes.
example, spending on :
For
(a)
education
will
increase by 13% to
$19 billion.
first-year,
first degree
[Our target is 15,000
places by
1994-95.]
(b) social welfare will increase by 15% to
$7 billion.
[Our target is to meet 80% of
demand for.
institutional
care for the
elderly by
1995-96, and 60% of demand for
the mentally handicapped.]
(c) health
will
increase
by 27% to
$13 billion. [Our target is an extra 5,600
public hospital beds by 1995-96.]
ØKSI LES. 258. +
*S$19.
00:91 266T-JUWDO