The Budget 1992–93
The Financial Secretary's
Budget Broadcast
Good evening,
This afternoon, I presented my first Budget.
It
outlined our plans to improve and expand existing
our
programmes,
identified
airport. And I announced
particularly
for the
social services.
It
including investment proposals,
the
new
well
as
important tax
some modest tax increases
concessions for the average.
as
salary-earning family.
2.
Hong Kong
can afford
this balanced package of
prudent increases in government spending without large tax
increases, because of the encouraging way our economy is
performing.
our usual
4%.
In 1990, growth was only 3%, disappointing by
standards.
But last year, economic growth was
And we hope to hit 5% for 1992.
90'd
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